Is 24102, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 24102 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 24102 was a Neutral Market.

Key Takeaway

24102 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 24102, VA

How much do homes in 24102, VA cost?

Median Sold Price

$167,500

$135/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$582,500(-77.7%)

Key Takeaway

Homes in 24102 have sold for 77.7% less than they did a month ago.

Summary: The median home sold price in 24102 was $167,500 in April 2024, down 77.7% from last month, and the median price per square foot was $135.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 -$167.5K
N/A
3 --
N/A
4 $750K-
N/A
5+ --
N/A

Summary: 24102 housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 24102, VA

How many homes are available in 24102, VA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
78+14.3%

Summary: The 24102 real estate market had 8 homes for sale in April 2024, a 14.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 44
0.0%
3 24
+100.0%
4 10
-100.0%
5+ 00
0.0%

Summary: The 24102 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 24102, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 24102 in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for 24102, VA

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in 24102, VA

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