$2,791 Closing Credit*
$235,000
2,160 SqFt
3 Beds
•2 Full Baths
Listing Office: U/C BLUE RIDGE LAND & AUCTION CO INC- FLOYD
Is Little River, 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, 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
$342,000
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$44,000(-11.4%)
Key Takeaway
Homes in Little River have sold for 11.4% less than they did a year ago.
Summary: The median home sold price in Little River was $342,000 in October 2024, down 11.4% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $233K | N/A |
| 2 Bedrooms | $175K | $285K | +62.9% |
| 3 Bedrooms | $386K | $407.5K | +5.6% |
| 4 Bedrooms | $422.5K | $680K | +60.9% |
| 5+ Bedrooms | $582.5K | $247.5K | -57.5% |
Summary: Little River 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 62.9%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 60.9%, and 5+ bedroom homes decreased by 57.5%.
Median Sold Price Compared To Nearby Cities
| Locust Grove | $407.5K | $420K | +3.1% |
| Little River | $386K | $342K | -11.4% |
Housing Supply in Little River, VA
How many homes are available in Little River, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 11 | +10.0% |
Summary: The Little River real estate market had 11 homes for sale in October 2024, a 10.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Little River housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Little River, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Little River in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% 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
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.