$70,000
12.56 Acres
Land
Listing Office: NEXTHOME NEW RIVER VALLEY
Is Craig County, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Craig County has remained a Seller's Market.
Key Takeaway
Craig County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Craig County, VA
How much do homes in Craig County, VA cost?
Median Sold Price
$247,500
$157/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$72,500(+41.4%)
Key Takeaway
Homes in Craig County have sold for 41.4% more than they did a year ago.
Summary: The median home sold price in Craig County was $247,500 in November 2024, up 41.4% from last year, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $239K | N/A |
| 2 Bedrooms | $135K | $135K | 0.0% |
| 3 Bedrooms | $180K | $250K | +38.9% |
| 4 Bedrooms | $312K | $404.5K | +29.6% |
| 5+ Bedrooms | - | $237.5K | N/A |
Summary: Craig County 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 did not change, 3 bedroom homes increased by 38.9%, 4 bedroom homes increased by 29.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
| Craig County | $175K | $247.5K | +41.4% |
| Roanoke County | $299.9K | $324.8K | +8.3% |
| Botetourt County | $341K | $360K | +5.6% |
| Alleghany County | $137.5K | $129.5K | -5.8% |
Housing Supply in Craig County, VA
How many homes are available in Craig County, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 8 | -20.0% |
Summary: The Craig County real estate market had 8 homes for sale in November 2024, a 20.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 2 | 0 | -100.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Craig County 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 remained the same, 3 bedroom homes decreased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Craig County, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Craig County in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Craig County, VA
We’re sorry, we don't have information for this market at the moment
Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this web site does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed regularly, but its accuracy is subject to market changes.