Is 24112, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 24112 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 24112 has remained a Seller's Market.

Key Takeaway

24112 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 24112, VA cost?

Median Sold Price

$146,500

$69/sqft

Based on all homes sold in December 2021.

Difference Since Last Month

+$36,500(+33.2%)

Key Takeaway

Homes in 24112 have sold for 33.2% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Dec 2021%
1 --
N/A
2 -$49.4K
N/A
3 $90K$108.5K
+20.6%
4 $346K$230K
-33.5%
5+ -$480K
N/A

Median Sold Price Compared To Nearby Zip Codes

24112
+33.2%
24055
+18.9%

How many homes are available in 24112, VA?

Number of Homes For Sale

Nov 2021Dec 2021%
3439+14.7%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 00
0.0%
2 34
+33.3%
3 1920
+5.3%
4 910
+11.1%
5+ 35
+66.7%

Number of Homes Sold

Nov 2021Dec 2021%
814+75.0%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 24112, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Dec 2021%
52 Days5 Days-89.4%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 24112 are selling fast, if you're buying plan to act quickly.

About 24112, VA

24112, VA has 39 homes on the market. Between November 2021 and December 2021, 24112, VA real estate market has seen increase in the number of listings by 14.7%. Listings spent 5 days on the market in December 2021, and had a median list price of $146,500 during the same period. Between December 2020 and December 2021, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties went up by 0%, the cost of 2 bedrooms properties went up by 0%, 3 bedrooms properties became 20.6% more expensive, prices of 4 bedrooms properties decreased by 33.5%, 5 bedrooms properties became 0% more expensive. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes did not move, volume of 2 bedrooms homes went up by 33.3%, 3 bedrooms homes became 5.3% more available, 4 bedrooms homes inventory increased by 11.1%, the quantity of 5 bedrooms homes went up by 66.7%. In December 2021, from all listings sold in 24112, VA there were more than 3 sold above asking price, over 10 sold below and more than 1 were sold right at the asked price.