Is 24277, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 24277 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 24277 has remained a Buyer's Market.

Key Takeaway

24277 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 24277, VA cost?

Median Sold Price

$100,000

$55/sqft

Based on all homes sold in December 2021.

Difference Since Last Month

-$192,000(-65.8%)

Key Takeaway

Homes in 24277 have sold for 65.8% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Dec 2021%
1 --
N/A
2 --
N/A
3 -$100K
N/A
4 $292K-
N/A
5+ --
N/A

How many homes are available in 24277, VA?

Number of Homes For Sale

Nov 2021Dec 2021%
1921+10.5%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 11
0.0%
2 33
0.0%
3 1114
+27.3%
4 21
-50.0%
5+ 22
0.0%

Number of Homes Sold

Nov 2021Dec 2021%
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 24277, you may be able to get a good deal. 100% of homes here sold below asking price last month.

About 24277, VA

There are 21 homes are for sale in 24277, VA real estate market. In December 2021 in 24277, VA there were 10.5% more homes for sale than in November 2021. Listing prices have changed in this real estate market between December 2020 and December 2021: 1 bedroom properties prices increased by 0%, prices of 2 bedrooms properties increased by 0%, the cost of 3 bedrooms properties went up by 0%, the cost of 4 bedrooms properties went up by 0%, 5 bedrooms properties became 0% more expensive. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes inventory did not change, 2 bedrooms homes inventory did not change, the quantity of 3 bedrooms homes went up by 27.3%, volume of 4 bedrooms homes went down by 50%, 5 bedrooms homes did not move. 24277, VA housing market in December 2021 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 1 sold below.