$9,499 Closing Credit*
$799,900
1,975 SqFt
3 Beds
•2 Full Baths, 1 Partial
Daniel J Whitacre, Listing Office: Colony Realty
Is Cross Junction, 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, Cross Junction has remained a Seller's Market.
Key Takeaway
Cross Junction is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cross Junction, VA
How much do homes in Cross Junction, VA cost?
Median Sold Price
$384,900
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$2,400(+0.6%)
Key Takeaway
Homes in Cross Junction have sold for 0.6% more than they did a year ago.
Summary: The median home sold price in Cross Junction was $384,900 in November 2024, up 0.6% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $389.9K | $335K | -14.1% |
| 3 Bedrooms | $349.9K | $367.7K | +5.1% |
| 4 Bedrooms | $404.9K | $402.5K | -0.6% |
| 5+ Bedrooms | $545K | $386K | -29.2% |
Summary: Cross Junction 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 decreased by 14.1%, 3 bedroom homes increased by 5.1%, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes decreased by 29.2%.
Median Sold Price Compared To Nearby Cities
| Paw Paw | $170K | $269.9K | +58.8% |
| Bloomery | $220K | $289.5K | +31.6% |
| Gainesboro | $395.7K | $420K | +6.1% |
| Cross Junction | $382.5K | $384.9K | +0.6% |
Housing Supply in Cross Junction, VA
How many homes are available in Cross Junction, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 31 | +19.2% |
Summary: The Cross Junction real estate market had 31 homes for sale in November 2024, a 19.2% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 0 | 2 | +100.0% |
| 3 Bedrooms | 21 | 21 | 0.0% |
| 4 Bedrooms | 3 | 6 | +100.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Cross Junction housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 6 | +100.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cross Junction, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Cross Junction in November 2024, up by 100.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.
Days on Market for Cross Junction, VA
How long does it take to sell a home in Cross Junction, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 84 Days | 28 Days | -66.0% |
Summary: Homes in Cross Junction had an average of 28 days on market in Nov 2024, down by 66% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Cross Junction are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in Cross Junction; 83% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
