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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cloyd is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Cloyd was a Seller's Market.

Key Takeaway

Cloyd is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Cloyd, VA

How much do homes in Cloyd, VA cost?

Median Sold Price

$86,785

$62/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$14,715(-14.5%)

Key Takeaway

Homes in Cloyd have sold for 14.5% less than they did a month ago.

Summary: The median home sold price in Cloyd was $86,785 in October 2024, down 14.5% from last month, and the median price per square foot was $62.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $101.5K$86.7K
-14.5%
3 --
N/A
4 --
N/A
5+ --
N/A

Summary: Cloyd housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 14.5%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Cloyd, VA

How many homes are available in Cloyd, VA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
46+50.0%

Summary: The Cloyd real estate market had 6 homes for sale in October 2024, a 50.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 14
+300.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Cloyd 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 decreased by 50%, 3 bedroom homes increased by 300%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cloyd, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Cloyd in October 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Cloyd, 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 20 Days Ago

Newest Listings in Cloyd, VA

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