Is 24236, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 24236 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 24236 has remained a Seller's Market.

Key Takeaway

24236 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 24236, VA

How much do homes in 24236, VA cost?

Median Sold Price

$404,250

$122/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$319,250(+375.6%)

Key Takeaway

Homes in 24236 have sold for 375.6% more than they did a month ago.

Summary: The median home sold price in 24236 was $404,250 in April 2024, up 375.6% from last month, and the median price per square foot was $122.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $85K-
N/A
3 -$158.5K
N/A
4 -$650K
N/A
5+ --
N/A

Summary: 24236 housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 24236, VA

How many homes are available in 24236, VA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
440.0%

Summary: The 24236 real estate market had 4 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 11
0.0%
4 22
0.0%
5+ 00
0.0%

Summary: The 24236 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 24236, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 24236 in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 24236, VA

How long does it take to sell a home in 24236, VA?

Average Sale Time

Mar 2024Apr 2024CHANGE
28 Days51 Days+83.9%

Summary: Homes in 24236 had an average of 51 days on market in Apr 2024, up by 83.9% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 24236 has remained consistent over time.

Summary: During April 2024, 2 homes were sold in 24236; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

Newest Listings in 24236, VA