$6,365 Closing Credit*
$535,990
2,308 SqFt
4 Beds
•3 Full Baths, 1 Partial
Tracy M Jennings, Listing Office: DRH Realty Capital, LLC.
Is Stonewall, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 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 December 2023
-$1,540(-0.4%)
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 December 2024, down 0.4% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $80.5K | - | N/A |
| 2 Bedrooms | $260K | $262.5K | +1.0% |
| 3 Bedrooms | $355.6K | $369.9K | +4.0% |
| 4 Bedrooms | $494K | $550K | +11.3% |
| 5+ Bedrooms | $627K | $562.4K | -10.3% |
Summary: Stonewall housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 11.3%, and 5+ bedroom homes decreased by 10.3%.
Median Sold Price Compared To Nearby Cities
| Red Bud | $365K | $402.9K | +10.4% |
| Stonewall | $406.5K | $405K | -0.4% |
| Stephenson | $450K | $430K | -4.4% |
Housing Supply in Stonewall, VA
How many homes are available in Stonewall, VA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 55 | 47 | -14.5% |
Summary: The Stonewall real estate market had 47 homes for sale in December 2024, a 14.5% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 27 | 23 | -14.8% |
| 4 Bedrooms | 15 | 12 | -20.0% |
| 5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The Stonewall housing inventory by bedroom type for December 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 14.8%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 14 | 15 | +7.1% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Stonewall, you may be able to get a good deal. 46.7% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in Stonewall in December 2024, up by 7.1% month-over-month. Of the 15 sold homes, 47% were sold under asking, 27% were sold at asking, and 27% 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
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 32 Days | 37 Days | +15.6% |
Summary: Homes in Stonewall had an average of 37 days on market in Dec 2024, up by 15.6% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Stonewall are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 15 homes were sold in Stonewall; 73% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
