$30,000
0.94 Acres
Land
Heather Grimsley, Listing Office: Liz Moore & Associates
Is Foster, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Foster has remained a Seller's Market.
Key Takeaway
Foster is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Foster, VA
How much do homes in Foster, VA cost?
Median Sold Price
$379,950
$237/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$179,950(+90.0%)
Key Takeaway
Homes in Foster have sold for 90% more than they did a month ago.
Summary: The median home sold price in Foster was $379,950 in October 2024, up 90% from last month, and the median price per square foot was $237.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $470K | N/A |
| 3 Bedrooms | $200K | $289.9K | +45.0% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Foster 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 did not change, 3 bedroom homes increased by 45%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Foster | $200K | $379.9K | +90.0% |
| Mathews | $523.2K | $444.3K | -15.1% |
Housing Supply in Foster, VA
How many homes are available in Foster, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Summary: The Foster real estate market had 4 homes for sale in October 2024, a 33.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 3 | 1 | -66.7% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Foster 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 remained the same, 3 bedroom homes decreased by 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
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 Foster, 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 Foster in October 2024, the same as the previous 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 Foster, VA
How long does it take to sell a home in Foster, VA?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 168 Days | 46 Days | -72.4% |
Summary: Homes in Foster had an average of 46 days on market in Oct 2024, down by 72.4% compared to last month.
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 Foster are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Foster; 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.
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