Housing Prices in Reed Creek, VA

How much do homes in Reed Creek, VA cost?

Median List Price

$190,000

$125/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

-$49,000(-20.5%)

Key Takeaway

The list price of homes in Reed Creek has decreased by 20.5% since last year.

Summary: The median home list price in Reed Creek was $190,000 in October 2024, down 20.5% from the previous year, and the median price per square foot was $125.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$179.5K
N/A
2 $159K$139.9K
-12.0%
3 $199.5K$194.7K
-2.4%
4 $319.4K$259.9K
-18.6%
5+ $329.9K-
N/A

Summary: Reed Creek housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 12%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes decreased by 18.6%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Iriswood
+169.1%
Collinsville
+6.7%
Martinsville
-6.7%
Reed Creek
-20.5%

Housing Supply in Reed Creek, VA

How many homes are available in Reed Creek, VA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
45+25.0%

Summary: The Reed Creek real estate market had 5 homes for sale in October 2024, a 25.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 12
+100.0%
3 21
-50.0%
4 01
+100.0%
5+ 00
0.0%

Summary: The Reed Creek housing inventory by bedroom type for October 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 50%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Days on Market for Reed Creek, VA

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

Average Listing Age

Oct 2023Oct 2024CHANGE
35 Days47 Days+34.0%

Summary: Homes in Reed Creek had an average listing age of 47 days in Oct 2024, up by 34% compared to the previous year.

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 Reed Creek, VA

Nearby Markets to Reed Creek, VA

What housing markets are near Reed Creek, VA?