Housing Prices in Northwestern, VA

How much do homes in Northwestern, VA cost?

Median List Price

$247,000

$145/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2023

+$5,000(+2.1%)

Key Takeaway

The list price of homes in Northwestern has increased by 2.1% since last year.

Summary: The median home list price in Northwestern was $247,000 in November 2024, up 2.1% from the previous year, and the median price per square foot was $145.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $242K$235K
-2.9%
3 $139.9K$149.9K
+7.1%
4 --
N/A
5+ $1.0M$895K
-18.3%

Summary: Northwestern housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.9%, 3 bedroom homes increased by 7.1%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 18.3%.

Median List Price Compared To Nearby Cities

Richlands
+7.0%
Cedar Bluff
+5.5%
Northwestern
+2.1%

Housing Supply in Northwestern, VA

How many homes are available in Northwestern, VA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
23+50.0%

Summary: The Northwestern real estate market had 3 homes for sale in November 2024, a 50.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 22
0.0%
4 00
0.0%
5+ 01
+100.0%

Summary: The Northwestern 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Days on Market for Northwestern, VA

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

Average Listing Age

Nov 2023Nov 2024CHANGE
134 Days19 Days-85.4%

Summary: Homes in Northwestern had an average listing age of 19 days in Nov 2024, down by 85.4% compared to the previous year.

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

Report Updated 21 Days Ago

Newest Listings in Northwestern, VA

Nearby Markets to Northwestern, VA