Is 24055, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 24055 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 24055 was a Neutral Market.

Key Takeaway

24055 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 24055, VA cost?

Median Sold Price

$135,000

$89/sqft

Based on all homes sold in December 2021.

Difference Since Last Month

+$21,505(+18.9%)

Key Takeaway

Homes in 24055 have sold for 18.9% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Dec 2021%
1 --
N/A
2 --
N/A
3 $110.2K$180K
+63.3%
4 $295.5K$60K
-79.7%
5+ -$130K
N/A

How many homes are available in 24055, VA?

Number of Homes For Sale

Nov 2021Dec 2021%
21210.0%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 00
0.0%
2 45
+25.0%
3 1010
0.0%
4 43
-25.0%
5+ 33
0.0%

Number of Homes Sold

Nov 2021Dec 2021%
34+33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 24055, you may be able to get a good deal. 75% of homes here sold below asking price last month.

About 24055, VA

Number of homes for sale in 24055, VA real estate market have reached 21. Real estate listing prices changed between December 2020 and December 2021: prices of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties increased by 0%, prices of 3 bedrooms properties increased by 63.3%, prices of 4 bedrooms properties went down by 79.7%, 5 bedrooms properties prices increased by 0%. Volume of homes for sale changed: 1 bedroom homes inventory did not change, the quantity of 2 bedrooms homes went up by 25%, 3 bedrooms homes inventory did not change, the quantity of 4 bedrooms homes went down by 25%, 5 bedrooms homes did not move. In December 2021, from all listings sold in 24055, VA there were more than 1 sold above asking price, over 3 sold below and more than 0 were sold right at the asked price.