Is 24019, 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, 24019 has remained a Seller's Market.
Key Takeaway
24019 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 24019, VA
How much do homes in 24019, VA cost?
Median Sold Price
$290,000
$161/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 24019 have sold for 11.5% more than they did a year ago.
Summary: The median home sold price in 24019 was $290,000 in March 2024, up 11.5% from last year, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $93.9K | $115K | +22.4% |
| 2 Bedrooms | $220K | $237.9K | +8.2% |
| 3 Bedrooms | $251.1K | $270K | +7.5% |
| 4 Bedrooms | $289K | $319.9K | +10.7% |
| 5+ Bedrooms | $330K | $458K | +38.8% |
Summary: 24019 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.4%, 2 bedroom homes increased by 8.2%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes increased by 38.8%.
Housing Supply in 24019, VA
How many homes are available in 24019, VA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 90 | 111 | +23.3% |
Summary: The 24019 real estate market had 111 homes for sale in March 2024, a 23.3% 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 | 9 | 8 | -11.1% |
| 3 Bedrooms | 51 | 58 | +13.7% |
| 4 Bedrooms | 26 | 38 | +46.2% |
| 5+ Bedrooms | 4 | 7 | +75.0% |
Summary: The 24019 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 decreased by 11.1%, 3 bedroom homes increased by 13.7%, 4 bedroom homes increased by 46.2%, and 5+ bedroom homes increased by 75%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 21 | 22 | +4.8% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 24019, you could pay more than the asking price. 40.9% of homes here sold above asking price last month.
Summary: A total of 22 homes were sold or pending in 24019 in March 2024, up by 4.8% month-over-month. Of the 22 sold homes, 32% were sold under asking, 27% were sold at asking, and 41% were sold over asking.
Days on Market for 24019, 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.