Is Clifton Forge East, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clifton Forge East is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Clifton Forge East has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Clifton Forge East, VA

How much do homes in Clifton Forge East, VA cost?

Median Sold Price

$49,995

$73/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$153,005(-75.4%)

Key Takeaway

Homes in Clifton Forge East have sold for 75.4% less than they did a month ago.

Summary: The median home sold price in Clifton Forge East was $49,995 in November 2024, down 75.4% from last month, and the median price per square foot was $73.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 -$49.9K
N/A
2 $149K$23K
-84.6%
3 $230K$235K
+2.2%
4 --
N/A
5+ --
N/A

Summary: Clifton Forge East housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 84.6%, 3 bedroom homes increased by 2.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Jackson River
-28.4%
Clifton Forge East
-75.4%

Housing Supply in Clifton Forge East, VA

How many homes are available in Clifton Forge East, VA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
107-30.0%

Summary: The Clifton Forge East real estate market had 7 homes for sale in November 2024, a 30.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 32
-33.3%
3 42
-50.0%
4 00
0.0%
5+ 22
0.0%

Summary: The Clifton Forge East 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 decreased by 33.3%, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clifton Forge East, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in Clifton Forge East in November 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.

Days on Market for Clifton Forge East, 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 2 Days Ago

Newest Listings in Clifton Forge East, VA

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