$2,136 Closing Credit*
$179,900
1,820 SqFt
3 Beds
•2 Full Baths
#9973675, Dawn Carter, Listing Office: Copper Key Properties
Is Scott County, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Scott County has remained a Seller's Market.
Key Takeaway
Scott County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Scott County, VA
How much do homes in Scott County, VA cost?
Median Sold Price
$187,000
$117/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$22,000(+13.3%)
Key Takeaway
Homes in Scott County have sold for 13.3% more than they did a year ago.
Summary: The median home sold price in Scott County was $187,000 in October 2024, up 13.3% from last year, and the median price per square foot was $117.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $225K | $175.5K | -22.0% |
| 2 Bedrooms | $130K | $116K | -10.8% |
| 3 Bedrooms | $175K | $185K | +5.7% |
| 4 Bedrooms | $196K | $239.1K | +22.0% |
| 5+ Bedrooms | $590K | $295.9K | -49.8% |
Summary: Scott County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22%, 2 bedroom homes decreased by 10.8%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 22%, and 5+ bedroom homes decreased by 49.8%.
Median Sold Price Compared To Nearby Counties
| Wise County | $129.5K | $150K | +15.8% |
| Scott County | $165K | $187K | +13.3% |
| Lee County | $132K | $143K | +8.3% |
| Sullivan County | $254.6K | $265.2K | +4.2% |
| Hawkins County | $245K | $238.5K | -2.7% |
Housing Supply in Scott County, VA
How many homes are available in Scott County, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 91 | 83 | -8.8% |
Summary: The Scott County real estate market had 83 homes for sale in October 2024, a 8.8% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 16 | 12 | -25.0% |
| 3 Bedrooms | 56 | 54 | -3.6% |
| 4 Bedrooms | 11 | 11 | 0.0% |
| 5+ Bedrooms | 7 | 5 | -28.6% |
Summary: The Scott County 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 decreased by 25%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 28.6%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 16 | +6.7% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Scott County, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Scott County in October 2024, up by 6.7% month-over-month. Of the 16 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% were sold over asking.
Days on Market for Scott County, VA
How long does it take to sell a home in Scott County, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 98 Days | 79 Days | -19.8% |
Summary: Homes in Scott County had an average of 79 days on market in Oct 2024, down by 19.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Scott County has remained consistent over time.
Summary: During October 2024, 16 homes were sold in Scott County; 0% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.