Is 24179, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 24179 is a seller's market

Buyer's
Market

Difference Since December 2020

Since last year, 24179 has remained a Seller's Market.

Key Takeaway

24179 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 24179, VA cost?

Median Sold Price

$215,120

$121/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$20,620(+10.6%)

Key Takeaway

Homes in 24179 have sold for 10.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 $107K$89.7K
-16.1%
2 $131K$151K
+15.3%
3 $190.5K$208.6K
+9.5%
4 $215K$240.5K
+11.9%
5+ $213.5K$338K
+58.3%

Median Sold Price Compared To Nearby Zip Codes

24012
+12.2%
24179
+10.6%
24095
+8.6%
24101
+6.3%

How many homes are available in 24179, VA?

Number of Homes For Sale

Nov 2021Dec 2021%
8684-2.3%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 11
0.0%
2 76
-14.3%
3 4038
-5.0%
4 3334
+3.0%
5+ 55
0.0%

Number of Homes Sold

Nov 2021Dec 2021%
2120-4.8%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 24179, you could pay more than the asking price. 45% of homes here sold above asking price last month.

About 24179, VA

24179, VA has 84 homes on the market. The inventory of homes for sale in 24179, VA between November 2021 and December 2021 decreased by 2.3%. Real estate listing prices changed between November 2021 and December 2021: 1 bedroom properties prices decreased by 16.1%, prices of 2 bedrooms properties went up by 15.3%, prices of 3 bedrooms properties went up by 9.5%, the cost of 4 bedrooms properties went up by 11.9%, 5 bedrooms properties became 58.3% more expensive. Volume of homes for sale changed: 1 bedroom homes did not move, 2 bedrooms homes became 14.3% less available, the quantity of 3 bedrooms homes went down by 5%, the quantity of 4 bedrooms homes went up by 3%, the quantity of 5 bedrooms homes have not changed. 24179, VA housing market in December 2021 saw over 9 listings sold above listed price, more than 5 sold at listed price and over 6 sold below.