Is 24127, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 24127 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 24127 was a Seller's Market.

Key Takeaway

24127 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 24127, VA cost?

Median Sold Price

$90,000

$43/sqft

Based on all homes sold in December 2021.

Difference Since Last Month

-$207,500(-69.7%)

Key Takeaway

Homes in 24127 have sold for 69.7% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Dec 2021%
1 --
N/A
2 $395K-
N/A
3 $270K$90K
-66.7%
4 $325K-
N/A
5+ $125K-
N/A

How many homes are available in 24127, VA?

Number of Homes For Sale

Nov 2021Dec 2021%
109-10.0%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 00
0.0%
2 23
+50.0%
3 43
-25.0%
4 33
0.0%
5+ 10
-100.0%

Number of Homes Sold

Nov 2021Dec 2021%
41-75.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 24127, you may be able to get a good deal. 100% of homes here sold below asking price last month.

About 24127, VA

24127, VA has 9 homes on the market. The number of listings in 24127, VA decreased by 10% between November 2021 and December 2021. 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 increased by 0%, 2 bedrooms properties prices increased by 0%, 3 bedrooms properties prices decreased by 66.7%, prices of 4 bedrooms properties went up by 0%, prices of 5 bedrooms properties increased by 0%. Volume of homes for sale changed: the quantity of 1 bedroom homes have not changed, number of 2 bedrooms homes increased by 50%, the quantity of 3 bedrooms homes went down by 25%, the quantity of 4 bedrooms homes have not changed, the quantity of 5 bedrooms homes went down by 100%. In December 2021, from all listings sold in 24127, VA there were more than 0 sold above asking price, over 1 sold below and more than 0 were sold right at the asked price.