$1,651 Closing Credit*
$139,000
896 SqFt
2 Beds
•1 Full Bath
JESSICA SAMPLE, Listing Office: EXP REALTY LLC - FREDERICKSBURG
Is Staunton, 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, Staunton has remained a Seller's Market.
Key Takeaway
Staunton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Staunton, VA
How much do homes in Staunton, VA cost?
Median Sold Price
$411,000
$171/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$117,056(+39.8%)
Key Takeaway
Homes in Staunton have sold for 39.8% more than they did a month ago.
Summary: The median home sold price in Staunton was $411,000 in November 2024, up 39.8% from last month, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $242.8K | - | N/A |
| 3 Bedrooms | $384K | $301K | -21.6% |
| 4 Bedrooms | $235.5K | $463K | +96.6% |
| 5+ Bedrooms | - | $409K | N/A |
Summary: Staunton 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 decreased by 21.6%, 4 bedroom homes increased by 96.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Staunton | $293.9K | $411K | +39.8% |
| Staunton | $293.9K | $411K | +39.8% |
| Pastures | $280K | $225K | -19.6% |
Housing Supply in Staunton, VA
How many homes are available in Staunton, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 26 | +13.0% |
Summary: The Staunton real estate market had 26 homes for sale in November 2024, a 13.0% 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 | 2 | -33.3% |
| 3 Bedrooms | 10 | 11 | +10.0% |
| 4 Bedrooms | 7 | 9 | +28.6% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Staunton 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 decreased by 33.3%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 9 | +12.5% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Staunton, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Staunton in November 2024, up by 12.5% month-over-month. Of the 9 sold homes, 56% were sold under asking, 11% were sold at asking, and 33% were sold over asking.
Days on Market for Staunton, VA
How long does it take to sell a home in Staunton, VA?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 39 Days | 15 Days | -61.1% |
Summary: Homes in Staunton had an average of 15 days on market in Nov 2024, down by 61.1% compared to last month.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Staunton are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 9 homes were sold in Staunton; 78% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
