Is Vinton, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Vinton is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Vinton has remained a Seller's Market.

Key Takeaway

Vinton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Vinton, VA

How much do homes in Vinton, VA cost?

Median Sold Price

$295,000

$163/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$22,016(+8.1%)

Key Takeaway

Homes in Vinton have sold for 8.1% more than they did a year ago.

Summary: The median home sold price in Vinton was $295,000 in November 2024, up 8.1% from last year, and the median price per square foot was $163.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$200K
N/A
2 $162.4K$215K
+32.3%
3 $254.9K$283K
+11.0%
4 $304.5K$351.1K
+15.3%
5+ $417.4K$352.5K
-15.6%

Summary: Vinton 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 increased by 32.3%, 3 bedroom homes increased by 11%, 4 bedroom homes increased by 15.3%, and 5+ bedroom homes decreased by 15.6%.

Median Sold Price Compared To Nearby Cities

Vinton
+8.7%
Roanoke
+8.2%
Vinton
+8.1%

Housing Supply in Vinton, VA

How many homes are available in Vinton, VA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6080+33.3%

Summary: The Vinton real estate market had 80 homes for sale in November 2024, a 33.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1014
+40.0%
3 2836
+28.6%
4 1925
+31.6%
5+ 35
+66.7%

Summary: The Vinton 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 increased by 40%, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 31.6%, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1014+40.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Vinton, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.

Summary: A total of 14 homes were sold or pending in Vinton in November 2024, up by 40.0% month-over-month. Of the 14 sold homes, 29% were sold under asking, 43% were sold at asking, and 29% were sold over asking.

Days on Market for Vinton, VA

We’re sorry, we don't have information for this market at the moment

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

Report Updated 20 Days Ago

Newest Listings in Vinton, VA

Nearby Markets to Vinton, VA

What housing markets are near Vinton, VA?