Is 24079, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 24079 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 24079 was a Seller's Market.

Key Takeaway

24079 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in 24079, VA cost?

Median Sold Price

$290,000

$135/sqft

Based on all homes sold in December 2021.

Difference Since Last Month

+$61,000(+26.6%)

Key Takeaway

Homes in 24079 have sold for 26.6% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Dec 2021%
1 --
N/A
2 $217.4K-
N/A
3 --
N/A
4 --
N/A
5+ $229K$290K
+26.6%

Median Sold Price Compared To Nearby Zip Codes

24079
+26.6%
24067
-1.1%
24059
-73.5%

How many homes are available in 24079, VA?

Number of Homes For Sale

Nov 2021Dec 2021%
97-22.2%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 11
0.0%
2 42
-50.0%
3 22
0.0%
4 01
+100.0%
5+ 21
-50.0%

Number of Homes Sold

Nov 2021Dec 2021%
31-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 24079, you may be able to get a good deal. 100% of homes here sold below asking price last month.

About 24079, VA

24079, VA has 7 homes on the market. The number of listings in 24079, VA decreased by 22.2% between November 2021 and December 2021. 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 went up by 0%, prices of 3 bedrooms properties went up by 0%, the cost of 4 bedrooms properties went up by 0%, 5 bedrooms properties became 26.6% more expensive. Housing inventory have changed in this real estate market: number of 1 bedroom homes remained the same, 2 bedrooms homes inventory decreased by 50%, the quantity of 3 bedrooms homes have not changed, number of 4 bedrooms homes increased by 100%, 5 bedrooms homes inventory decreased by 50%. Over 0 listings were sold over their listed price in December 2021 in 24079, VA. In the same period over 1 listings were sold below the listed price and 0 listings were sold for the listed price.