$5,807 Closing Credit*
$489,000
2,622 SqFt
4 Beds
•3 Full Baths
Tiffany J Hunter, Listing Office: ERA Oakcrest Realty, Inc.
Is Happy Creek, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Happy Creek has remained a Seller's Market.
Key Takeaway
Happy Creek is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Happy Creek, VA
How much do homes in Happy Creek, VA cost?
Median Sold Price
$400,000
$209/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$20,100(+5.3%)
Key Takeaway
Homes in Happy Creek have sold for 5.3% more than they did a year ago.
Summary: The median home sold price in Happy Creek was $400,000 in October 2024, up 5.3% from last year, and the median price per square foot was $209.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $140K | N/A |
| 2 Bedrooms | $280K | $300K | +7.1% |
| 3 Bedrooms | $387.5K | $400K | +3.2% |
| 4 Bedrooms | $415K | $442K | +6.5% |
| 5+ Bedrooms | $400K | $475K | +18.8% |
Summary: Happy Creek housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes increased by 18.8%.
Median Sold Price Compared To Nearby Cities
| Front Royal | $349.3K | $379.2K | +8.6% |
| Happy Creek | $379.9K | $400K | +5.3% |
| Linden | $379.9K | $400K | +5.3% |
| Shenandoah | $340K | $350.5K | +3.1% |
Housing Supply in Happy Creek, VA
How many homes are available in Happy Creek, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 68 | 75 | +10.3% |
Summary: The Happy Creek real estate market had 75 homes for sale in October 2024, a 10.3% increase 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 | 3 | +200.0% |
| 3 Bedrooms | 41 | 49 | +19.5% |
| 4 Bedrooms | 20 | 18 | -10.0% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Happy Creek 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 increased by 200%, 3 bedroom homes increased by 19.5%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 16 | +23.1% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Happy Creek, expect to pay close to the asking price. 37.5% of homes here sold near the asking price last month.
Summary: A total of 16 homes were sold or pending in Happy Creek in October 2024, up by 23.1% month-over-month. Of the 16 sold homes, 25% were sold under asking, 38% were sold at asking, and 38% were sold over asking.
Days on Market for Happy Creek, VA
How long does it take to sell a home in Happy Creek, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 39 Days | 15 Days | -62.3% |
Summary: Homes in Happy Creek had an average of 15 days on market in Oct 2024, down by 62.3% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Happy Creek are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 16 homes were sold in Happy Creek; 94% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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.