$10,000 Closing Credit*
$950,000
1,740 SqFt
2 Beds
•2 Full Baths, 1 Partial
Janet Miller, Listing Office: Century 21 Realty @ Home
Is Piney Mountain, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Piney Mountain was a Seller's Market.
Key Takeaway
Piney Mountain is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Piney Mountain, VA
How much do homes in Piney Mountain, VA cost?
Median Sold Price
$293,500
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$4,050(+1.4%)
Key Takeaway
Homes in Piney Mountain have sold for 1.4% more than they did a year ago.
Summary: The median home sold price in Piney Mountain was $293,500 in September 2024, up 1.4% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $310K | $92K | -70.3% |
| 3 Bedrooms | $284K | $315K | +10.9% |
| 4 Bedrooms | $320.7K | $271.9K | -15.2% |
| 5+ Bedrooms | $625K | - | N/A |
Summary: Piney Mountain housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 70.3%, 3 bedroom homes increased by 10.9%, 4 bedroom homes decreased by 15.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Courthouse | $220K | $270K | +22.7% |
| Appomattox | $269.9K | $289.7K | +7.3% |
| Wreck Island | $310K | $330K | +6.5% |
| Piney Mountain | $289.4K | $293.5K | +1.4% |
Housing Supply in Piney Mountain, VA
How many homes are available in Piney Mountain, VA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 13 | 14 | +7.7% |
Summary: The Piney Mountain real estate market had 14 homes for sale in September 2024, a 7.7% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 12 | 13 | +8.3% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Piney Mountain housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 8.3%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Piney Mountain, 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 Piney Mountain in September 2024, down by 60.0% 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 Piney Mountain, VA
How long does it take to sell a home in Piney Mountain, VA?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 3 Days | 86 Days | +2766.7% |
Summary: Homes in Piney Mountain had an average of 86 days on market in Sep 2024, up by 2766.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Piney Mountain has remained consistent over time.
Summary: During September 2024, 2 homes were sold in Piney Mountain; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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