Is 24153, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 24153 has remained a Seller's Market.
Key Takeaway
24153 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 24153, VA
How much do homes in 24153, VA cost?
Median Sold Price
$292,206
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 24153 have sold for 10.1% more than they did a year ago.
Summary: The median home sold price in 24153 was $292,206 in March 2024, up 10.1% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $135K | $154.8K | +14.7% |
| 2 Bedrooms | $187.5K | $192.2K | +2.5% |
| 3 Bedrooms | $250K | $259K | +3.6% |
| 4 Bedrooms | $329K | $387.2K | +17.7% |
| 5+ Bedrooms | $500K | $480K | -4.0% |
Summary: 24153 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.7%, 2 bedroom homes increased by 2.5%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 17.7%, and 5+ bedroom homes decreased by 4%.
Housing Supply in 24153, VA
How many homes are available in 24153, VA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 149 | 205 | +37.6% |
Summary: The 24153 real estate market had 205 homes for sale in March 2024, a 37.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 2 | +100.0% |
| 2 Bedrooms | 16 | 24 | +50.0% |
| 3 Bedrooms | 70 | 97 | +38.6% |
| 4 Bedrooms | 53 | 64 | +20.8% |
| 5+ Bedrooms | 10 | 18 | +80.0% |
Summary: The 24153 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 38.6%, 4 bedroom homes increased by 20.8%, and 5+ bedroom homes increased by 80%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 32 | 40 | +25.0% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 24153, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 40 homes were sold or pending in 24153 in March 2024, up by 25.0% month-over-month. Of the 40 sold homes, 50% were sold under asking, 20% were sold at asking, and 30% were sold over asking.
Days on Market for 24153, VA
We’re sorry, we don't have information for this market at the moment
Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this web site does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed regularly, but its accuracy is subject to market changes. 
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.