$2,611 Closing Credit*
$219,900
1,568 SqFt
3 Beds
•2 Full Baths
Robbie Stephens, Listing Office: Century 21 ALL-SERVICE-APP
Is Callaway, 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, Callaway was a Seller's Market.
Key Takeaway
Callaway 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 Callaway, VA
How much do homes in Callaway, VA cost?
Median Sold Price
$325,000
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$5,000(-1.5%)
Key Takeaway
Homes in Callaway have sold for 1.5% less than they did a year ago.
Summary: The median home sold price in Callaway was $325,000 in November 2024, down 1.5% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $189.9K | N/A |
| 2 Bedrooms | $135K | $132.5K | -1.9% |
| 3 Bedrooms | $330K | $325K | -1.5% |
| 4 Bedrooms | $515K | $565.5K | +9.8% |
| 5+ Bedrooms | $600K | $487.6K | -18.7% |
Summary: Callaway 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 decreased by 1.9%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes decreased by 18.7%.
Median Sold Price Compared To Nearby Cities
| Locust Grove | $405K | $420.6K | +3.9% |
| Blue Ridge | $333.2K | $340K | +2.0% |
| Blackwater | $333.6K | $330K | -1.1% |
| Callaway | $330K | $325K | -1.5% |
Housing Supply in Callaway, VA
How many homes are available in Callaway, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Summary: The Callaway real estate market had 6 homes for sale in November 2024, a 50.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 2 | 3 | +50.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Callaway 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 increased by 100%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Callaway, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Callaway in November 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Callaway, VA
We’re sorry, we don't have information for this market at the moment
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.