Is 24124, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 24124 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 24124 has remained a Seller's Market.

Key Takeaway

24124 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 24124, VA

How much do homes in 24124, VA cost?

Median Sold Price

$300,000

$121/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$240,000(+400.0%)

Key Takeaway

Homes in 24124 have sold for 400% more than they did a month ago.

Summary: The median home sold price in 24124 was $300,000 in April 2024, up 400% from last month, and the median price per square foot was $121.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 $60K-
N/A
2 --
N/A
3 --
N/A
4 -$300K
N/A
5+ --
N/A

Summary: 24124 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 24124, VA

How many homes are available in 24124, VA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
220.0%

Summary: The 24124 real estate market had 2 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 10
-100.0%
2 01
+100.0%
3 00
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The 24124 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 24124, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in 24124 in April 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 24124, 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 1 Day Ago

Newest Listings in 24124, VA

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