$1,417 Closing Credit*
$119,333
1,534 SqFt
4 Beds
•1 Full Bath
#9973661, Chris Ward, Listing Office: Century 21 Bennett & Edwards
Is Willis, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Willis was a Seller's Market.
Key Takeaway
Willis is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Willis, VA
How much do homes in Willis, VA cost?
Median Sold Price
$220,000
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$2,000(+0.9%)
Key Takeaway
Homes in Willis have sold for 0.9% more than they did a year ago.
Summary: The median home sold price in Willis was $220,000 in October 2024, up 0.9% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $130K | $65K | -50.0% |
| 2 Bedrooms | $219K | $216.4K | -1.2% |
| 3 Bedrooms | $177.5K | $200K | +12.7% |
| 4 Bedrooms | $355K | $229K | -35.5% |
| 5+ Bedrooms | - | $1.4M | N/A |
Summary: Willis housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 1.2%, 3 bedroom homes increased by 12.7%, 4 bedroom homes decreased by 35.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Clintwood | $119K | $157K | +31.9% |
| Willis | $218K | $220K | +0.9% |
Housing Supply in Willis, VA
How many homes are available in Willis, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 11 | 0.0% |
Summary: The Willis real estate market had 11 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 7 | 7 | 0.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Willis housing inventory by bedroom type for October 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 remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Willis, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Willis in October 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Willis, VA
How long does it take to sell a home in Willis, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 65 Days | 115 Days | +76.9% |
Summary: Homes in Willis had an average of 115 days on market in Oct 2024, up by 76.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Willis are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 1 homes were sold in Willis; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this web site does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed regularly, but its accuracy is subject to market changes.