Is 24175, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 24175 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 24175 has remained a Seller's Market.

Key Takeaway

24175 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 24175, VA cost?

Median Sold Price

$275,950

$137/sqft

Based on all homes sold in December 2021.

Difference Since Last Month

+$50,950(+22.6%)

Key Takeaway

Homes in 24175 have sold for 22.6% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Dec 2021%
1 --
N/A
2 $167.5K-
N/A
3 $357.5K$267.4K
-25.2%
4 $275K$272K
-1.1%
5+ $280K$523K
+86.8%

Median Sold Price Compared To Nearby Zip Codes

24175
+22.6%
24083
+21.7%
24077
-13.0%

How many homes are available in 24175, VA?

Number of Homes For Sale

Nov 2021Dec 2021%
3226-18.8%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 00
0.0%
2 42
-50.0%
3 1512
-20.0%
4 1010
0.0%
5+ 32
-33.3%

Number of Homes Sold

Nov 2021Dec 2021%
1210-16.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

6 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 24175, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.

About 24175, VA

24175, VA has 26 homes for sale to choose from. The number of homes for sale in 24175, VA decreased by 18.8% between November 2021 and December 2021. Real estate listing prices changed between December 2020 and December 2021: prices of 1 bedroom properties went up by 0%, 2 bedrooms properties prices increased by 0%, the cost of 3 bedrooms properties went down by 25.2%, the cost of 4 bedrooms properties went down by 1.1%, prices of 5 bedrooms properties increased by 86.8%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes did not move, 2 bedrooms homes inventory decreased by 50%, volume of 3 bedrooms homes went down by 20%, 4 bedrooms homes inventory did not change, volume of 5 bedrooms homes went down by 33.3%. Over 3 listings were sold over their listed price in December 2021 in 24175, VA. In the same period over 1 listings were sold below the listed price and 6 listings were sold for the listed price.