$3,313 Closing Credit*
$279,000
2,000 SqFt
3 Beds
•2 Full Baths
Listing Office: THE GOOD SIGN REAL ESTATE CO.
Is Catawba, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Catawba has remained a Seller's Market.
Key Takeaway
Catawba is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Catawba, VA
How much do homes in Catawba, VA cost?
Median Sold Price
$316,500
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$16,500(+5.5%)
Key Takeaway
Homes in Catawba have sold for 5.5% more than they did a year ago.
Summary: The median home sold price in Catawba was $316,500 in October 2024, up 5.5% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $111.9K | $185K | +65.2% |
| 2 Bedrooms | $166K | $194K | +16.9% |
| 3 Bedrooms | $277K | $290K | +4.7% |
| 4 Bedrooms | $359K | $374.9K | +4.4% |
| 5+ Bedrooms | $458K | $445K | -2.8% |
Summary: Catawba housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 65.2%, 2 bedroom homes increased by 16.9%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes decreased by 2.8%.
Median Sold Price Compared To Nearby Cities
| Roanoke | $253K | $271.4K | +7.2% |
| Catawba | $300K | $316.5K | +5.5% |
| Salem | $287.4K | $295K | +2.6% |
| Salem | $287.4K | $295K | +2.6% |
| Windsor Hills | $373.7K | $378.7K | +1.3% |
Housing Supply in Catawba, VA
How many homes are available in Catawba, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 76 | 110 | +44.7% |
Summary: The Catawba real estate market had 110 homes for sale in October 2024, a 44.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 6 | 10 | +66.7% |
| 3 Bedrooms | 26 | 40 | +53.8% |
| 4 Bedrooms | 33 | 50 | +51.5% |
| 5+ Bedrooms | 10 | 9 | -10.0% |
Summary: The Catawba housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 53.8%, 4 bedroom homes increased by 51.5%, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 20 | +53.8% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Catawba, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in Catawba in October 2024, up by 53.8% month-over-month. Of the 20 sold homes, 40% were sold under asking, 35% were sold at asking, and 25% were sold over asking.
Days on Market for Catawba, 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.