$7,718 Closing Credit*
$649,900
4,672 SqFt
5 Beds
•4 Full Baths, 1 Partial
Justin Mistretta, Listing Office: Berkshire Hathaway HomeServices PenFed Realty
Is Stonewall, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Stonewall has remained a Seller's Market.
Key Takeaway
Stonewall is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Stonewall, VA
How much do homes in Stonewall, VA cost?
Median Sold Price
$405,000
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$630(+0.2%)
Key Takeaway
The sold price of homes in Stonewall has remained the same since last year.
Summary: The median home sold price in Stonewall was $405,000 in November 2024, up 0.2% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $80.5K | N/A |
| 2 Bedrooms | $263K | $246K | -6.5% |
| 3 Bedrooms | $351.6K | $369.9K | +5.2% |
| 4 Bedrooms | $490K | $550K | +12.2% |
| 5+ Bedrooms | $627K | $565K | -9.9% |
Summary: Stonewall 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 decreased by 6.5%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 12.2%, and 5+ bedroom homes decreased by 9.9%.
Median Sold Price Compared To Nearby Cities
| Red Bud | $365K | $390K | +6.8% |
| Stonewall | $404.3K | $405K | 0.2% |
| Stephenson | $447.3K | $439.9K | -1.7% |
Housing Supply in Stonewall, VA
How many homes are available in Stonewall, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 64 | 58 | -9.4% |
Summary: The Stonewall real estate market had 58 homes for sale in November 2024, a 9.4% 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 | 5 | 4 | -20.0% |
| 3 Bedrooms | 33 | 28 | -15.2% |
| 4 Bedrooms | 20 | 17 | -15.0% |
| 5+ Bedrooms | 6 | 9 | +50.0% |
Summary: The Stonewall 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 20%, 3 bedroom homes decreased by 15.2%, 4 bedroom homes decreased by 15%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 14 | -30.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Stonewall, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 14 homes were sold or pending in Stonewall in November 2024, down by 30.0% month-over-month. Of the 14 sold homes, 43% were sold under asking, 50% were sold at asking, and 7% were sold over asking.
Days on Market for Stonewall, VA
How long does it take to sell a home in Stonewall, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 39 Days | 32 Days | -18.5% |
Summary: Homes in Stonewall had an average of 32 days on market in Nov 2024, down by 18.5% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Stonewall are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 14 homes were sold in Stonewall; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
