$250,000
63.03 Acres
Land
Listing Office: MOUNTAIN TO LAKE REALTY
Is Snow Creek, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Snow Creek was a Seller's Market.
Key Takeaway
Snow Creek is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Snow Creek, VA
How much do homes in Snow Creek, VA cost?
Median Sold Price
$220,000
$148/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$11,000(-4.8%)
Key Takeaway
Homes in Snow Creek have sold for 4.8% less than they did a year ago.
Summary: The median home sold price in Snow Creek was $220,000 in November 2024, down 4.8% from last year, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $31.1K | N/A |
| 2 Bedrooms | $167.5K | $196.6K | +17.4% |
| 3 Bedrooms | $231K | $240K | +3.9% |
| 4 Bedrooms | $309K | $213.5K | -30.9% |
| 5+ Bedrooms | $389K | $465K | +19.5% |
Summary: Snow Creek 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 17.4%, 3 bedroom homes increased by 3.9%, 4 bedroom homes decreased by 30.9%, and 5+ bedroom homes increased by 19.5%.
Median Sold Price Compared To Nearby Cities
| Union Hall | $650K | $850K | +30.8% |
| Snow Creek | $231K | $220K | -4.8% |
| Penhook | $955K | $649.5K | -32.0% |
Housing Supply in Snow Creek, VA
How many homes are available in Snow Creek, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 17 | +21.4% |
Summary: The Snow Creek real estate market had 17 homes for sale in November 2024, a 21.4% increase 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 | 3 | 4 | +33.3% |
| 3 Bedrooms | 9 | 8 | -11.1% |
| 4 Bedrooms | 2 | 4 | +100.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Snow Creek 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 increased by 33.3%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Snow Creek, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Snow Creek in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Snow Creek, 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.