$10,000 Closing Credit*
$985,000
1,500 SqFt
3 Beds
•2 Full Baths
Listing Office: BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Is Callands-Gretna, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Callands-Gretna was a Seller's Market.
Key Takeaway
Callands-Gretna is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Callands-Gretna, VA
How much do homes in Callands-Gretna, VA cost?
Median Sold Price
$227,000
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$57,700(-20.3%)
Key Takeaway
Homes in Callands-Gretna have sold for 20.3% less than they did a year ago.
Summary: The median home sold price in Callands-Gretna was $227,000 in November 2024, down 20.3% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $199.5K | $77.5K | -61.2% |
| 2 Bedrooms | $390K | $180K | -53.8% |
| 3 Bedrooms | $217.5K | $229K | +5.3% |
| 4 Bedrooms | $815K | $430.7K | -47.1% |
| 5+ Bedrooms | - | $2.7M | N/A |
Summary: Callands-Gretna housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 61.2%, 2 bedroom homes decreased by 53.8%, 3 bedroom homes increased by 5.3%, 4 bedroom homes decreased by 47.1%, and 5+ bedroom homes did not change.
Housing Supply in Callands-Gretna, VA
How many homes are available in Callands-Gretna, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 9 | -10.0% |
Summary: The Callands-Gretna real estate market had 9 homes for sale in November 2024, a 10.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 7 | 7 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Callands-Gretna 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Callands-Gretna, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Callands-Gretna in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 106 Days | 11 Days | -89.6% |
Summary: Homes in Callands-Gretna had an average of 11 days on market in Nov 2024, down by 89.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Callands-Gretna are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in Callands-Gretna; 100% 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.
Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this web site does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed regularly, but its accuracy is subject to market changes.