$2,672 Closing Credit*
$225,000
2,440 SqFt
4 Beds
•1 Full Bath, 1 Partial
Listing Office: CENTURY 21 ALL-SERVICE
Is Lynch Station, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Lynch Station has remained a Seller's Market.
Key Takeaway
Lynch Station is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lynch Station, VA
How much do homes in Lynch Station, VA cost?
Median Sold Price
$391,250
$212/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$199,250(+103.8%)
Key Takeaway
Homes in Lynch Station have sold for 103.8% more than they did a month ago.
Summary: The median home sold price in Lynch Station was $391,250 in November 2024, up 103.8% from last month, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $192K | $405K | +110.9% |
| 4 Bedrooms | - | $388.7K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Lynch Station 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 increased by 110.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Lynch Station, VA
How many homes are available in Lynch Station, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 11 | -21.4% |
Summary: The Lynch Station real estate market had 11 homes for sale in November 2024, a 21.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 10 | 6 | -40.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Lynch Station 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 increased by 100%, 3 bedroom homes decreased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lynch Station, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Lynch Station in November 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Lynch Station, VA
How long does it take to sell a home in Lynch Station, VA?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 Days | 11 Days | +100.0% |
Summary: Homes in Lynch Station had an average of 11 days on market in Nov 2024, up by 100% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lynch Station are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Lynch Station; 75% of homes were sold within 30 days, 0% 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.