$1,127 Closing Credit*
$94,900
1,842 SqFt
3 Beds
•1 Full Bath
#9974718, Suzette Robinson, Listing Office: Century 21 Bennett & Edwards
Is Coeburn, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Coeburn has remained a Buyer's Market.
Key Takeaway
Coeburn is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Coeburn, VA
How much do homes in Coeburn, VA cost?
Median Sold Price
$132,500
$86/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$37,500(+39.5%)
Key Takeaway
Homes in Coeburn have sold for 39.5% more than they did a year ago.
Summary: The median home sold price in Coeburn was $132,500 in December 2024, up 39.5% from last year, and the median price per square foot was $86.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $62.5K | $91.5K | +46.4% |
| 3 Bedrooms | $105K | $146.6K | +39.6% |
| 4 Bedrooms | $153K | $245K | +60.1% |
| 5+ Bedrooms | $95K | $130.5K | +37.4% |
Summary: Coeburn housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 46.4%, 3 bedroom homes increased by 39.6%, 4 bedroom homes increased by 60.1%, and 5+ bedroom homes increased by 37.4%.
Housing Supply in Coeburn, VA
How many homes are available in Coeburn, VA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 16 | 17 | +6.3% |
Summary: The Coeburn real estate market had 17 homes for sale in December 2024, a 6.3% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 8 | 7 | -12.5% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Coeburn housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Coeburn, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Coeburn in December 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Coeburn, VA
How long does it take to sell a home in Coeburn, VA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 111 Days | 80 Days | -27.9% |
Summary: Homes in Coeburn had an average of 80 days on market in Dec 2024, down by 27.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Coeburn are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 2 homes were sold in Coeburn; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
