$149,900
5.00 Acres
Land
Erik Thorpe, Listing Office: ERA Valley Realty
Is Star Tannery, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Star Tannery has remained a Seller's Market.
Key Takeaway
Star Tannery is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Star Tannery, VA
How much do homes in Star Tannery, VA cost?
Median Sold Price
$493,500
$327/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$178,500(+56.7%)
Key Takeaway
Homes in Star Tannery have sold for 56.7% more than they did a month ago.
Summary: The median home sold price in Star Tannery was $493,500 in November 2024, up 56.7% from last month, and the median price per square foot was $327.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $460K | N/A |
| 3 Bedrooms | $315K | $527K | +67.3% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Star Tannery housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 67.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Star Tannery | $315K | $493.5K | +56.7% |
| Maurertown | $387.5K | $374.4K | -3.4% |
Housing Supply in Star Tannery, VA
How many homes are available in Star Tannery, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Summary: The Star Tannery real estate market had 4 homes for sale in November 2024, a 20.0% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Star Tannery 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 remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
0 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 Star Tannery, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Star Tannery in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Star Tannery, VA
How long does it take to sell a home in Star Tannery, VA?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 45 Days | 12 Days | -73.3% |
Summary: Homes in Star Tannery had an average of 12 days on market in Nov 2024, down by 73.3% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Star Tannery are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Star Tannery; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
