$4,274 Closing Credit*
$359,900
1,200 SqFt
3 Beds
•2 Full Baths, 1 Partial
Sharon L Daniels, Listing Office: Coldwell Banker Premier
Is Front Royal, 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, Front Royal has remained a Seller's Market.
Key Takeaway
Front Royal is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Front Royal, VA
How much do homes in Front Royal, VA cost?
Median Sold Price
$382,000
$220/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$32,000(+9.1%)
Key Takeaway
Homes in Front Royal have sold for 9.1% more than they did a year ago.
Summary: The median home sold price in Front Royal was $382,000 in November 2024, up 9.1% from last year, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $177.5K | $235K | +32.4% |
| 2 Bedrooms | $259K | $250K | -3.5% |
| 3 Bedrooms | $353.5K | $385K | +8.9% |
| 4 Bedrooms | $388K | $424.9K | +9.5% |
| 5+ Bedrooms | $439K | $539.9K | +23.0% |
Summary: Front Royal housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 32.4%, 2 bedroom homes decreased by 3.5%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 23%.
Median Sold Price Compared To Nearby Cities
| North River | $320K | $389K | +21.6% |
| Front Royal | $350K | $382K | +9.1% |
| Fork | $374.3K | $404.2K | +8.0% |
| Shenandoah | $335K | $360K | +7.5% |
| Happy Creek | $390K | $410K | +5.1% |
Housing Supply in Front Royal, VA
How many homes are available in Front Royal, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 169 | 160 | -5.3% |
Summary: The Front Royal real estate market had 160 homes for sale in November 2024, a 5.3% decrease 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 | 19 | 17 | -10.5% |
| 3 Bedrooms | 90 | 89 | -1.1% |
| 4 Bedrooms | 41 | 35 | -14.6% |
| 5+ Bedrooms | 18 | 17 | -5.6% |
Summary: The Front Royal 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 decreased by 10.5%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes decreased by 14.6%, and 5+ bedroom homes decreased by 5.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 44 | 40 | -9.1% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Front Royal, expect to pay close to the asking price. 37.5% of homes here sold near the asking price last month.
Summary: A total of 40 homes were sold or pending in Front Royal in November 2024, down by 9.1% month-over-month. Of the 40 sold homes, 28% were sold under asking, 38% were sold at asking, and 35% were sold over asking.
Days on Market for Front Royal, VA
How long does it take to sell a home in Front Royal, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 20 Days | 20 Days | +4.1% |
Summary: Homes in Front Royal had an average of 20 days on market in Nov 2024, up by 4.1% compared to last year.
Breakdown of Home Sale Times
33 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Front Royal are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 40 homes were sold in Front Royal; 83% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
