Is Christiansburg, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Christiansburg is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Christiansburg has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Christiansburg, VA

How much do homes in Christiansburg, VA cost?

Median Sold Price

$290,000

$175/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$17,000(-5.5%)

Key Takeaway

Homes in Christiansburg have sold for 5.5% less than they did a year ago.

Summary: The median home sold price in Christiansburg was $290,000 in October 2024, down 5.5% from last year, and the median price per square foot was $175.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $160K$239.6K
+49.8%
3 $285K$323.7K
+13.6%
4 $505K$318.7K
-36.9%
5+ $745K$929K
+24.7%

Summary: Christiansburg housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 49.8%, 3 bedroom homes increased by 13.6%, 4 bedroom homes decreased by 36.9%, and 5+ bedroom homes increased by 24.7%.

Housing Supply in Christiansburg, VA

How many homes are available in Christiansburg, VA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1117+54.5%

Summary: The Christiansburg real estate market had 17 homes for sale in October 2024, a 54.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 67
+16.7%
4 26
+200.0%
5+ 11
0.0%

Summary: The Christiansburg 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 50%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
26+200.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Christiansburg, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Christiansburg in October 2024, up by 200.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Christiansburg, VA

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 14 Days Ago

Newest Listings in Christiansburg, VA

Nearby Markets to Christiansburg, VA