Is Little River, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Little River is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Little River has remained a Seller's Market.

Key Takeaway

Little River is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Little River, VA

How much do homes in Little River, VA cost?

Median Sold Price

$412,000

$448/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$112,000(+37.3%)

Key Takeaway

Homes in Little River have sold for 37.3% more than they did a month ago.

Summary: The median home sold price in Little River was $412,000 in November 2024, up 37.3% from last month, and the median price per square foot was $448.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 -$214K
N/A
2 $206K-
N/A
3 $317.5K-
N/A
4 --
N/A
5+ -$610K
N/A

Summary: Little River housing prices by bedroom type for November 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Little River
+37.3%
Court House
-41.9%

Housing Supply in Little River, VA

How many homes are available in Little River, VA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
98-11.1%

Summary: The Little River real estate market had 8 homes for sale in November 2024, a 11.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 33
0.0%
2 10
-100.0%
3 22
0.0%
4 11
0.0%
5+ 22
0.0%

Summary: The Little River housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Little River, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Little River in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Little River, VA

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Little River, VA

Nearby Markets to Little River, VA

What housing markets are near Little River, VA?