$8,657 Closing Credit*
$729,000
1,510 SqFt
3 Beds
•2 Full Baths, 1 Partial
Derek Mathew Cole, Listing Office: Samson Properties
Is Huntington, 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, Huntington has remained a Seller's Market.
Key Takeaway
Huntington is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Huntington, VA
How much do homes in Huntington, VA cost?
Median Sold Price
$481,500
$402/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$69,000(+16.7%)
Key Takeaway
Homes in Huntington have sold for 16.7% more than they did a year ago.
Summary: The median home sold price in Huntington was $481,500 in October 2024, up 16.7% from last year, and the median price per square foot was $402.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $300K | $324.5K | +8.2% |
| 2 Bedrooms | $445K | $485K | +9.0% |
| 3 Bedrooms | $570K | $610K | +7.0% |
| 4 Bedrooms | $557.5K | $675K | +21.1% |
| 5+ Bedrooms | $920K | $850K | -7.6% |
Summary: Huntington housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.2%, 2 bedroom homes increased by 9%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 21.1%, and 5+ bedroom homes decreased by 7.6%.
Median Sold Price Compared To Nearby Neighborhoods
| Huntington | $412.5K | $481.5K | +16.7% |
| Jefferson Manor | $575K | $590K | +2.6% |
Housing Supply in Huntington, VA
How many homes are available in Huntington, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 53 | 67 | +26.4% |
Summary: The Huntington real estate market had 67 homes for sale in October 2024, a 26.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 15 | +66.7% |
| 2 Bedrooms | 28 | 35 | +25.0% |
| 3 Bedrooms | 12 | 12 | 0.0% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Huntington housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes increased by 25%, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 19 | +26.7% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Huntington, you may be able to get a good deal. 42.1% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in Huntington in October 2024, up by 26.7% month-over-month. Of the 19 sold homes, 42% were sold under asking, 26% were sold at asking, and 32% were sold over asking.
Days on Market for Huntington, VA
How long does it take to sell a home in Huntington, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 11 Days | 20 Days | +80.3% |
Summary: Homes in Huntington had an average of 20 days on market in Oct 2024, up by 80.3% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Huntington are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 19 homes were sold in Huntington; 84% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
