Is 24176, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 24176 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 24176 has remained a Seller's Market.

Key Takeaway

24176 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 24176, VA cost?

Median Sold Price

$650,000

$275/sqft

Based on all homes sold in December 2021.

Difference Since Last Month

-$537,500(-45.3%)

Key Takeaway

Homes in 24176 have sold for 45.3% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Dec 2021%
1 --
N/A
2 -$301.7K
N/A
3 $1.0M$650K
-38.7%
4 $1.2M$1.2M
-2.1%
5+ $1.3M-
N/A

Median Sold Price Compared To Nearby Zip Codes

24092
+523.4%
24184
+14.5%
24176
-45.3%

How many homes are available in 24176, VA?

Number of Homes For Sale

Nov 2021Dec 2021%
1415+7.1%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 00
0.0%
2 24
+100.0%
3 66
0.0%
4 55
0.0%
5+ 10
-100.0%

Number of Homes Sold

Nov 2021Dec 2021%
45+25.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 24176, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 24176 are selling fast, if you're buying plan to act quickly.

About 24176, VA

24176, VA has 15 homes on the market. The number of listings in 24176, VA increased by 7.1% between November 2021 and December 2021. The median list price of listings available in December 2021 was $650,000, while the average time on the real estate market was 6 days. This housing market listing prices have changed between December 2020 and December 2021: prices of 1 bedroom properties increased by 0%, the cost of 2 bedrooms properties went up by 0%, prices of 3 bedrooms properties went down by 38.7%, prices of 4 bedrooms properties decreased by 2.1%, prices of 5 bedrooms properties increased by 0%. Volume of homes for sale in this real estate market have seen the following changes: volume of 1 bedroom homes stayed the same, 2 bedrooms homes inventory increased by 100%, number of 3 bedrooms homes remained the same, number of 4 bedrooms homes remained the same, volume of 5 bedrooms homes went down by 100%. In December 2021, from all listings sold in 24176, VA there were more than 2 sold above asking price, over 0 sold below and more than 3 were sold right at the asked price.