Is 24104, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 24104 is a seller's market

Buyer's
Market

Difference Since December 2020

Since last year, 24104 has remained a Seller's Market.

Key Takeaway

24104 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 24104, VA cost?

Median Sold Price

$350,000

$214/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$20,000(+6.1%)

Key Takeaway

Homes in 24104 have sold for 6.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 $76.2K$113.5K
+48.9%
2 $254.9K$279.9K
+9.8%
3 $352.5K$359.8K
+2.1%
4 $409.9K$597.5K
+45.8%
5+ $1.0M$827.5K
-19.2%

Median Sold Price Compared To Nearby Zip Codes

24104
+6.1%
24523
+1.0%
24121
-8.6%

How many homes are available in 24104, VA?

Number of Homes For Sale

Nov 2021Dec 2021%
51510.0%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 23
+50.0%
2 59
+80.0%
3 1925
+31.6%
4 189
-50.0%
5+ 75
-28.6%

Number of Homes Sold

Nov 2021Dec 2021%
1810-44.4%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 24104, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Average Sale Time

Dec 2020Dec 2021%
84 Days52 Days-37.7%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 24104 are selling fast, if you're buying plan to act quickly.

About 24104, VA

There are 51 homes are for sale in 24104, VA real estate market. The median list price of listings available in December 2021 was $350,000, while the average time on the real estate market was 52 days. Listing prices have changed in this real estate market between November 2021 and December 2021: 1 bedroom properties prices increased by 48.9%, 2 bedrooms properties prices increased by 9.8%, prices of 3 bedrooms properties went up by 2.1%, the cost of 4 bedrooms properties went up by 45.8%, 5 bedrooms properties prices decreased by 19.2%. This housing market inventory have changed: number of 1 bedroom homes increased by 50%, 2 bedrooms homes inventory increased by 80%, number of 3 bedrooms homes increased by 31.6%, volume of 4 bedrooms homes went down by 50%, 5 bedrooms homes became 28.6% less available. Over 4 listings were sold over their listed price in December 2021 in 24104, VA. In the same period over 6 listings were sold below the listed price and 0 listings were sold for the listed price.