Is 24091, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 24091 was a Seller's Market.
Key Takeaway
24091 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 24091, VA
How much do homes in 24091, VA cost?
Median Sold Price
$396,500
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 24091 have sold for 40.2% more than they did a year ago.
Summary: The median home sold price in 24091 was $396,500 in April 2024, up 40.2% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $400K | $233K | -41.8% |
| 2 Bedrooms | $214.5K | $269.5K | +25.6% |
| 3 Bedrooms | $245K | $390K | +59.2% |
| 4 Bedrooms | $282.9K | $525K | +85.6% |
| 5+ Bedrooms | $350K | $525K | +50.0% |
Summary: 24091 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 41.8%, 2 bedroom homes increased by 25.6%, 3 bedroom homes increased by 59.2%, 4 bedroom homes increased by 85.6%, and 5+ bedroom homes increased by 50%.
Housing Supply in 24091, VA
How many homes are available in 24091, VA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 26 | 23 | -11.5% |
Summary: The 24091 real estate market had 23 homes for sale in April 2024, a 11.5% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 7 | 5 | -28.6% |
| 3 Bedrooms | 12 | 9 | -25.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 3 | 6 | +100.0% |
Summary: The 24091 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 28.6%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 1 | -85.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 24091, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in 24091 in April 2024, down by 85.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 24091, 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.