Is 24151, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 24151 was a Seller's Market.
Housing Prices in 24151, VA
How much do homes in 24151, VA cost?
Median Sold Price
$237,000
$144/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 24151 was $237,000 in April 2024, down 1.3% from last year, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $155K | $161.7K | +4.4% |
3 Bedrooms | $242K | $241.7K | -0.1% |
4 Bedrooms | $352.5K | $244K | -30.8% |
5+ Bedrooms | $294K | $417.5K | +42.0% |
Summary: 24151 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.4%, 3 bedroom homes decreased by 0.1%, 4 bedroom homes decreased by 30.8%, and 5+ bedroom homes increased by 42%.
Housing Supply in 24151, VA
How many homes are available in 24151, VA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
60 | 71 | +18.3% |
Summary: The 24151 real estate market had 71 homes for sale in April 2024, a 18.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 7 | 11 | +57.1% |
3 Bedrooms | 34 | 36 | +5.9% |
4 Bedrooms | 12 | 14 | +16.7% |
5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The 24151 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 57.1%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 11 | -21.4% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in 24151 in April 2024, down by 21.4% month-over-month. Of the 11 sold homes, 64% were sold under asking, 18% were sold at asking, and 18% were sold over asking.
Days on Market for 24151, VA
How long does it take to sell a home in 24151, VA?
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 11 homes were sold in 24151; 0% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.