Is Callands-Gretna, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Callands-Gretna is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Callands-Gretna has remained a Seller's Market.

Key Takeaway

Callands-Gretna is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Callands-Gretna, VA

How much do homes in Callands-Gretna, VA cost?

Median Sold Price

$229,000

$169/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$50,500(-18.1%)

Key Takeaway

Homes in Callands-Gretna have sold for 18.1% less than they did a year ago.

Summary: The median home sold price in Callands-Gretna was $229,000 in October 2024, down 18.1% from last year, and the median price per square foot was $169.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $199.5K$77.5K
-61.2%
2 $394.9K$180K
-54.4%
3 $217.5K$227K
+4.4%
4 $551.1K$432K
-21.6%
5+ -$2.7M
N/A

Summary: Callands-Gretna housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 61.2%, 2 bedroom homes decreased by 54.4%, 3 bedroom homes increased by 4.4%, 4 bedroom homes decreased by 21.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Gretna
+18.9%
Callands-Gretna
-18.1%

Housing Supply in Callands-Gretna, VA

How many homes are available in Callands-Gretna, VA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1210-16.7%

Summary: The Callands-Gretna real estate market had 10 homes for sale in October 2024, a 16.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 21
-50.0%
2 10
-100.0%
3 76
-14.3%
4 11
0.0%
5+ 12
+100.0%

Summary: The Callands-Gretna housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
330.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Callands-Gretna, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in Callands-Gretna in October 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.

Days on Market for Callands-Gretna, VA

How long does it take to sell a home in Callands-Gretna, VA?

Average Sale Time

Oct 2023Oct 2024CHANGE
7 Days13 Days+92.9%

Summary: Homes in Callands-Gretna had an average of 13 days on market in Oct 2024, up by 92.9% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Callands-Gretna are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in Callands-Gretna; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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

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