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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wirtz is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Wirtz was a Seller's Market.

Key Takeaway

Wirtz is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Wirtz, VA

How much do homes in Wirtz, VA cost?

Median Sold Price

$524,950

$257/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$47,500(+9.9%)

Key Takeaway

Homes in Wirtz have sold for 9.9% more than they did a year ago.

Summary: The median home sold price in Wirtz was $524,950 in November 2024, up 9.9% from last year, and the median price per square foot was $257.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $425K$264.9K
-37.7%
3 $455K$444K
-2.4%
4 $669.3K$570K
-14.8%
5+ $1.2M$2.4M
+106.7%

Summary: Wirtz 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 decreased by 37.7%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes decreased by 14.8%, and 5+ bedroom homes increased by 106.7%.

Median Sold Price Compared To Nearby Cities

Union Hall
+30.8%
Wirtz
+9.9%
Gills Creek
+8.9%
Boone
+4.8%

Housing Supply in Wirtz, VA

How many homes are available in Wirtz, VA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2330+30.4%

Summary: The Wirtz real estate market had 30 homes for sale in November 2024, a 30.4% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1416
+14.3%
4 69
+50.0%
5+ 24
+100.0%

Summary: The Wirtz 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 increased by 50%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
25+150.0%

Asking Price vs. Sold Price

4 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 Wirtz, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Wirtz in November 2024, up by 150.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% 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

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

Report Updated 2 Days Ago

Newest Listings in Wirtz, VA

Nearby Markets to Wirtz, VA

What housing markets are near Wirtz, VA?