$3,205 Closing Credit*
$269,900
1,368 SqFt
3 Beds
•1 Full Bath, 1 Partial
Hunter Law, Listing Office: IsaBell K. Horsley Real Estate
Is Saluda, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Saluda was a Neutral Market.
Key Takeaway
Saluda is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Saluda, VA
How much do homes in Saluda, VA cost?
Median Sold Price
$396,000
$206/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$25,000(+6.7%)
Key Takeaway
Homes in Saluda have sold for 6.7% more than they did a year ago.
Summary: The median home sold price in Saluda was $396,000 in October 2024, up 6.7% from last year, and the median price per square foot was $206.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $501.2K | N/A |
| 2 Bedrooms | $390K | $240K | -38.5% |
| 3 Bedrooms | $349K | $374K | +7.2% |
| 4 Bedrooms | $401K | $527.5K | +31.5% |
| 5+ Bedrooms | $875K | $1.1M | +35.9% |
Summary: Saluda 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 38.5%, 3 bedroom homes increased by 7.2%, 4 bedroom homes increased by 31.5%, and 5+ bedroom homes increased by 35.9%.
Median Sold Price Compared To Nearby Cities
| Urbanna | $267K | $387K | +44.9% |
| Topping | $401K | $511.2K | +27.5% |
| Pine Top | $365K | $400K | +9.6% |
| Saluda | $371K | $396K | +6.7% |
Housing Supply in Saluda, VA
How many homes are available in Saluda, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 38 | 29 | -23.7% |
Summary: The Saluda real estate market had 29 homes for sale in October 2024, a 23.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 6 | 3 | -50.0% |
| 3 Bedrooms | 15 | 17 | +13.3% |
| 4 Bedrooms | 9 | 6 | -33.3% |
| 5+ Bedrooms | 7 | 3 | -57.1% |
Summary: The Saluda housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 13.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 57.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 3 | -80.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Saluda, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Saluda in October 2024, down by 80.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for Saluda, VA
How long does it take to sell a home in Saluda, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 66 Days | 46 Days | -31.1% |
Summary: Homes in Saluda had an average of 46 days on market in Oct 2024, down by 31.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Saluda has remained consistent over time.
Summary: During October 2024, 3 homes were sold in Saluda; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2024 Central Virginia Regional Multiple Listing Service,LLC. All rights reserved
Copyright © 2024 REIN, Inc - All Rights Reserved. Information Deemed Reliable But Not Guaranteed. 
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.