Is Moneta, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Moneta is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Moneta has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Moneta, VA

How much do homes in Moneta, VA cost?

Median Sold Price

$526,975

$298/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$88,631(+20.2%)

Key Takeaway

Homes in Moneta have sold for 20.2% more than they did a year ago.

Summary: The median home sold price in Moneta was $526,975 in October 2024, up 20.2% from last year, and the median price per square foot was $298.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $180K$235K
+30.6%
2 $418K$462.4K
+10.6%
3 $399.9K$490K
+22.5%
4 $750K$922.5K
+23.0%
5+ $1.0M$1.4M
+32.6%

Summary: Moneta housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.6%, 2 bedroom homes increased by 10.6%, 3 bedroom homes increased by 22.5%, 4 bedroom homes increased by 23%, and 5+ bedroom homes increased by 32.6%.

Median Sold Price Compared To Nearby Cities

Goodview
+21.6%
Moneta
+20.2%
Lakes
+12.0%
Gills Creek
+12.0%
Hardy
+0.7%

Housing Supply in Moneta, VA

How many homes are available in Moneta, VA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
129147+14.0%

Summary: The Moneta real estate market had 147 homes for sale in October 2024, a 14.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 64
-33.3%
2 1012
+20.0%
3 6877
+13.2%
4 3535
0.0%
5+ 1019
+90.0%

Summary: The Moneta housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 13.2%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 90%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
29290.0%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Moneta, you may be able to get a good deal. 55.2% of homes here sold below asking price last month.

Summary: A total of 29 homes were sold or pending in Moneta in October 2024, the same as the previous month. Of the 29 sold homes, 55% were sold under asking, 21% were sold at asking, and 24% were sold over asking.

Days on Market for Moneta, VA

How long does it take to sell a home in Moneta, VA?

Average Sale Time

Oct 2023Oct 2024CHANGE
1 Day58 Days+5700.0%

Summary: Homes in Moneta had an average of 58 days on market in Oct 2024, up by 5700% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Moneta are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 29 homes were sold in Moneta; 7% of homes were sold within 30 days, 3% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.

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 Moneta, VA

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