Is Stony Creek, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stony Creek is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Stony Creek was a Seller's Market.

Key Takeaway

Stony Creek is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Stony Creek, VA

How much do homes in Stony Creek, VA cost?

Median Sold Price

$305,000

$132/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$35,425(+13.1%)

Key Takeaway

Homes in Stony Creek have sold for 13.1% more than they did a month ago.

Summary: The median home sold price in Stony Creek was $305,000 in November 2024, up 13.1% from last month, and the median price per square foot was $132.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $120.6K-
N/A
4 $234.1K-
N/A
5+ $305K$305K
0.0%

Summary: Stony Creek 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Stony Creek, VA

How many homes are available in Stony Creek, VA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1512-20.0%

Summary: The Stony Creek real estate market had 12 homes for sale in November 2024, a 20.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 00
0.0%
3 78
+14.3%
4 21
-50.0%
5+ 41
-75.0%

Summary: The Stony 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 remained the same, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 75%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
51-80.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stony Creek, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Stony Creek in November 2024, down by 80.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Stony Creek, VA

How long does it take to sell a home in Stony Creek, VA?

Average Sale Time

Oct 2024Nov 2024CHANGE
56 Days13 Days-76.9%

Summary: Homes in Stony Creek had an average of 13 days on market in Nov 2024, down by 76.9% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Stony Creek are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in Stony Creek; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 25 Days Ago

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