$3,550 Closing Credit*
$298,950
1,800 SqFt
4 Beds
•2 Full Baths
Listing Office: RE/MAX ALL STARS
Is Raleigh Court, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Raleigh Court has remained a Seller's Market.
Key Takeaway
Raleigh Court is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Raleigh Court, VA
How much do homes in Raleigh Court, VA cost?
Median Sold Price
$330,000
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$17,500(+5.6%)
Key Takeaway
Homes in Raleigh Court have sold for 5.6% more than they did a year ago.
Summary: The median home sold price in Raleigh Court was $330,000 in November 2024, up 5.6% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $220K | $222K | +0.9% |
| 3 Bedrooms | $302.4K | $305K | +0.8% |
| 4 Bedrooms | $372.5K | $360K | -3.4% |
| 5+ Bedrooms | $395K | $487.5K | +23.4% |
Summary: Raleigh Court 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 increased by 0.9%, 3 bedroom homes increased by 0.8%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes increased by 23.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Wasena | $244K | $278.4K | +14.1% |
| Raleigh Court | $312.5K | $330K | +5.6% |
| Grandin Court | $285K | $299K | +4.9% |
Housing Supply in Raleigh Court, VA
How many homes are available in Raleigh Court, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 28 | 26 | -7.1% |
Summary: The Raleigh Court real estate market had 26 homes for sale in November 2024, a 7.1% 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 | 2 | 0 | -100.0% |
| 3 Bedrooms | 19 | 21 | +10.5% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 3 | 1 | -66.7% |
Summary: The Raleigh Court 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 decreased by 100%, 3 bedroom homes increased by 10.5%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 66.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 9 | -25.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Raleigh Court, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Raleigh Court in November 2024, down by 25.0% month-over-month. Of the 9 sold homes, 78% were sold under asking, 11% were sold at asking, and 11% were sold over asking.
Days on Market for Raleigh Court, 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.