$24,500
0.78 Acres
Land
Listing Office: MKB, REALTORS(r) - FRANKLIN CO
Is Wirtz, 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, Wirtz was a Seller's Market.
Key Takeaway
Wirtz is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Wirtz, VA
How much do homes in Wirtz, VA cost?
Median Sold Price
$529,900
$255/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$64,900(+14.0%)
Key Takeaway
Homes in Wirtz have sold for 14% more than they did a year ago.
Summary: The median home sold price in Wirtz was $529,900 in October 2024, up 14% from last year, and the median price per square foot was $255.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $425K | $170K | -60.0% |
| 3 Bedrooms | $450K | $445K | -1.1% |
| 4 Bedrooms | $656.2K | $740K | +12.8% |
| 5+ Bedrooms | $950K | $1.9M | +101.3% |
Summary: Wirtz housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 60%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes increased by 101.3%.
Median Sold Price Compared To Nearby Cities
| Glade Hill | $244K | $339.9K | +39.3% |
| Union Hall | $653.1K | $770K | +17.9% |
| Wirtz | $465K | $529.9K | +14.0% |
| Gills Creek | $469.5K | $525.6K | +12.0% |
| Boone | $315K | $330K | +4.8% |
Housing Supply in Wirtz, VA
How many homes are available in Wirtz, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 28 | +75.0% |
Summary: The Wirtz real estate market had 28 homes for sale in October 2024, a 75.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 10 | 15 | +50.0% |
| 4 Bedrooms | 2 | 8 | +300.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Wirtz 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 remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 300%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wirtz, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Wirtz in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Wirtz, VA
We’re sorry, we don't have information for this market at the moment
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.