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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clifton Forge West is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Clifton Forge West has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Clifton Forge West, VA

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

Median Sold Price

$104,245

$60/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$6,755(-6.1%)

Key Takeaway

Homes in Clifton Forge West have sold for 6.1% less than they did a year ago.

Summary: The median home sold price in Clifton Forge West was $104,245 in November 2024, down 6.1% from last year, and the median price per square foot was $60.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$115K
N/A
2 $40K$77.5K
+93.8%
3 $83.7K$88K
+5.1%
4 $154.9K$247.5K
+59.8%
5+ $145K$269.9K
+86.2%

Summary: Clifton Forge West 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 increased by 93.8%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 59.8%, and 5+ bedroom homes increased by 86.2%.

Median Sold Price Compared To Nearby Cities

Clifton Forge
-3.6%
Clifton Forge West
-6.1%

Housing Supply in Clifton Forge West, VA

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

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1715-11.8%

Summary: The Clifton Forge West real estate market had 15 homes for sale in November 2024, a 11.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 1111
0.0%
4 31
-66.7%
5+ 12
+100.0%

Summary: The Clifton Forge West 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 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
45+25.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clifton Forge West, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Clifton Forge West in November 2024, up by 25.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.

Days on Market for Clifton Forge West, 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 17 Days Ago

Newest Listings in Clifton Forge West, VA

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