Is 24014, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 24014 has remained a Seller's Market.
Housing Prices in 24014, VA
How much do homes in 24014, VA cost?
Median Sold Price
$264,725
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 24014 was $264,725 in March 2024, down 1.8% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $242K | N/A |
2 Bedrooms | $168K | $186K | +10.7% |
3 Bedrooms | $272K | $256K | -5.9% |
4 Bedrooms | $482.4K | $472.5K | -2.1% |
5+ Bedrooms | $510K | $851.5K | +67.0% |
Summary: 24014 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.7%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes increased by 67%.
Housing Supply in 24014, VA
How many homes are available in 24014, VA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
54 | 71 | +31.5% |
Summary: The 24014 real estate market had 71 homes for sale in March 2024, a 31.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 11 | 17 | +54.5% |
3 Bedrooms | 25 | 31 | +24.0% |
4 Bedrooms | 13 | 17 | +30.8% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The 24014 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 54.5%, 3 bedroom homes increased by 24%, 4 bedroom homes increased by 30.8%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 12 | +71.4% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 12 homes were sold or pending in 24014 in March 2024, up by 71.4% month-over-month. Of the 12 sold homes, 67% were sold under asking, 25% were sold at asking, and 8% were sold over asking.
Days on Market for 24014, VA
We’re sorry, we don't have information for this market at the moment