Is 24088, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 24088 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 24088 was a Seller's Market.

Key Takeaway

24088 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 24088, VA cost?

Median Sold Price

$200,000

$156/sqft

Based on all homes sold in December 2021.

Difference Since Last Month

+$750(+0.4%)

Key Takeaway

The sold price of homes in 24088 has remained the same since last month.

Median Sold Price By Bedroom Count

# BEDSNov 2021Dec 2021%
1 --
N/A
2 --
N/A
3 $199.2K$200K
0.4%
4 --
N/A
5+ --
N/A

Median Sold Price Compared To Nearby Zip Codes

24055
+18.9%
24088
0.4%
24067
-1.1%

How many homes are available in 24088, VA?

Number of Homes For Sale

Nov 2021Dec 2021%
770.0%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 00
0.0%
2 00
0.0%
3 65
-16.7%
4 01
+100.0%
5+ 11
0.0%

Number of Homes Sold

Nov 2021Dec 2021%
21-50.0%

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 24088, you may be able to get a good deal. 100% of homes here sold below asking price last month.

About 24088, VA

There are 7 homes are for sale in 24088, VA real estate market. This housing market listing prices have changed between December 2020 and December 2021: prices of 1 bedroom properties went up by 0%, the cost of 2 bedrooms properties went up by 0%, the cost of 3 bedrooms properties went up by 0.4%, prices of 4 bedrooms properties increased by 0%, prices of 5 bedrooms properties went up by 0%. This housing market inventory have changed: number of 1 bedroom homes remained the same, number of 2 bedrooms homes remained the same, 3 bedrooms homes became 16.7% less available, 4 bedrooms homes inventory increased by 100%, volume of 5 bedrooms homes stayed the same. While more than 0 listings in 24088, VA in December 2021 were sold above asking price, there were more than 0 listings sold at asking price, and more than 1 were sold below.