$219,900
43.80 Acres
Land
Rachel Robinette Wells, Listing Office: Berkshire Hathaway HomeServices Dawson Ford Garbee & Co., REALTORS®-Forest
Is Iriswood, 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, Iriswood has remained a Seller's Market.
Key Takeaway
Iriswood is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Iriswood, VA
How much do homes in Iriswood, VA cost?
Median Sold Price
$265,000
$120/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$167,500(+171.8%)
Key Takeaway
Homes in Iriswood have sold for 171.8% more than they did a year ago.
Summary: The median home sold price in Iriswood was $265,000 in October 2024, up 171.8% from last year, and the median price per square foot was $120.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $40K | N/A |
| 2 Bedrooms | $37K | - | N/A |
| 3 Bedrooms | $105K | $265K | +152.4% |
| 4 Bedrooms | $309K | $273.5K | -11.5% |
| 5+ Bedrooms | - | $490K | N/A |
Summary: Iriswood 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 did not change, 3 bedroom homes increased by 152.4%, 4 bedroom homes decreased by 11.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Iriswood | $97.5K | $265K | +171.8% |
| Collinsville | $153.7K | $175K | +13.9% |
| Axton | $90K | $90K | 0.0% |
| Martinsville | $147.8K | $125.7K | -15.0% |
Housing Supply in Iriswood, VA
How many homes are available in Iriswood, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Summary: The Iriswood real estate market had 6 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Iriswood 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 100%, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
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 Iriswood, 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 Iriswood in October 2024, up by 100.0% month-over-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 Iriswood, VA
We’re sorry, we don't have information for this market at the moment
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.