Is 24017, 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, 24017 has remained a Seller's Market.
Housing Prices in 24017, VA
How much do homes in 24017, VA cost?
Median Sold Price
$184,291
$127/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 24017 was $184,291 in March 2024, up 8.6% from last year, and the median price per square foot was $127.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $150.5K | - | N/A |
2 Bedrooms | $128.9K | $142.9K | +10.9% |
3 Bedrooms | $170K | $190K | +11.8% |
4 Bedrooms | $185.1K | $210.2K | +13.5% |
5+ Bedrooms | $210K | $218.6K | +4.1% |
Summary: 24017 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 10.9%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 13.5%, and 5+ bedroom homes increased by 4.1%.
Housing Supply in 24017, VA
How many homes are available in 24017, VA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
63 | 83 | +31.7% |
Summary: The 24017 real estate market had 83 homes for sale in March 2024, a 31.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 8 | 14 | +75.0% |
3 Bedrooms | 38 | 42 | +10.5% |
4 Bedrooms | 14 | 21 | +50.0% |
5+ Bedrooms | 3 | 6 | +100.0% |
Summary: The 24017 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 75%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
10 | 20 | +100.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in 24017 in March 2024, up by 100.0% month-over-month. Of the 20 sold homes, 40% were sold under asking, 5% were sold at asking, and 55% were sold over asking.
Days on Market for 24017, VA
How long does it take to sell a home in 24017, VA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
2 Days | 3 Days | +75.0% |
Summary: Homes in 24017 had an average of 3 days on market in Mar 2024, up by 75% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 20 homes were sold in 24017; 10% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.