Is 24219, 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, 24219 has remained a Seller's Market.
Housing Prices in 24219, VA
How much do homes in 24219, VA cost?
Median Sold Price
$186,933
$90/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 24219 was $186,933 in March 2024, up 7.7% from last year, and the median price per square foot was $90.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $68K | $89K | +30.9% |
3 Bedrooms | $168K | $152K | -9.5% |
4 Bedrooms | $185K | $244K | +31.9% |
5+ Bedrooms | $220K | $298.8K | +35.8% |
Summary: 24219 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 30.9%, 3 bedroom homes decreased by 9.5%, 4 bedroom homes increased by 31.9%, and 5+ bedroom homes increased by 35.8%.
Median Sold Price Compared To Nearby Zip Codes
24219 | $173.5K | $186.9K | +7.7% |
24216 | $68K | $50K | -26.5% |
Housing Supply in 24219, VA
How many homes are available in 24219, VA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
22 | 23 | +4.5% |
Summary: The 24219 real estate market had 23 homes for sale in March 2024, a 4.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 1 | -50.0% |
3 Bedrooms | 10 | 9 | -10.0% |
4 Bedrooms | 8 | 9 | +12.5% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The 24219 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 5 | +150.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in 24219 in March 2024, up by 150.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for 24219, VA
How long does it take to sell a home in 24219, VA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
107 Days | 81 Days | -23.8% |
Summary: Homes in 24219 had an average of 81 days on market in Mar 2024, down by 23.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 5 homes were sold in 24219; 0% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.