Is Buena Vista, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Buena Vista is a neutral's market

Buyer's
Market

Difference Since November 2023

Since last year, Buena Vista has remained a Neutral Market.

Key Takeaway

Buena Vista is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Buena Vista, VA

How much do homes in Buena Vista, VA cost?

Median Sold Price

$232,500

$185/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$32,500(+16.3%)

Key Takeaway

Homes in Buena Vista have sold for 16.3% more than they did a year ago.

Summary: The median home sold price in Buena Vista was $232,500 in November 2024, up 16.3% from last year, and the median price per square foot was $185.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $134.9K$211K
+56.3%
3 $239.7K$241.2K
+0.6%
4 $185K$309K
+67.0%
5+ $436.8K$130K
-70.2%

Summary: Buena Vista housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 56.3%, 3 bedroom homes increased by 0.6%, 4 bedroom homes increased by 67%, and 5+ bedroom homes decreased by 70.2%.

Median Sold Price Compared To Nearby Cities

Petsworth
+16.8%
Buena Vista
+16.3%
Shacklefords
+5.4%
Barhamsville
-17.4%

Housing Supply in Buena Vista, VA

How many homes are available in Buena Vista, VA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
18180.0%

Summary: The Buena Vista real estate market had 18 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 910
+11.1%
4 55
0.0%
5+ 00
0.0%

Summary: The Buena Vista housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Buena Vista, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Buena Vista in November 2024, up by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Buena Vista, VA

How long does it take to sell a home in Buena Vista, VA?

Average Sale Time

Nov 2023Nov 2024CHANGE
10 Days71 Days+616.7%

Summary: Homes in Buena Vista had an average of 71 days on market in Nov 2024, up by 616.7% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Buena Vista are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 3 homes were sold in Buena Vista; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Buena Vista, VA

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