$3,741 Closing Credit*
$315,000
1,608 SqFt
5 Beds
•3 Full Baths
Listing Office: KELLER WILLIAMS REALTY ROANOKE
Is Catawba, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$309,966
$170/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$9,966(+3.3%)
Key Takeaway
Homes in Catawba have sold for 3.3% more than they did a year ago.
Summary: The median home sold price in Catawba was $309,966 in November 2024, up 3.3% from last year, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $122.5K | $185K | +51.0% |
| 2 Bedrooms | $170K | $199.4K | +17.3% |
| 3 Bedrooms | $277K | $290K | +4.7% |
| 4 Bedrooms | $355K | $370K | +4.2% |
| 5+ Bedrooms | $472.5K | $425K | -10.1% |
Summary: Catawba housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 51%, 2 bedroom homes increased by 17.3%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes decreased by 10.1%.
Median Sold Price Compared To Nearby Cities
| Roanoke | $254.2K | $275K | +8.2% |
| Catawba | $300K | $309.9K | +3.3% |
| Salem | $289.9K | $295K | +1.7% |
| Salem | $289.9K | $295K | +1.7% |
| Windsor Hills | $379K | $375K | -1.1% |
Housing Supply in Catawba, VA
How many homes are available in Catawba, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 97 | 101 | +4.1% |
Summary: The Catawba real estate market had 101 homes for sale in November 2024, a 4.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 10 | 3 | -70.0% |
| 3 Bedrooms | 34 | 38 | +11.8% |
| 4 Bedrooms | 44 | 49 | +11.4% |
| 5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Catawba housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 70%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 11.4%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 24 | +4.3% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Catawba, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.
Summary: A total of 24 homes were sold or pending in Catawba in November 2024, up by 4.3% month-over-month. Of the 24 sold homes, 38% were sold under asking, 25% were sold at asking, and 38% 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.