Is 24283, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 24283 was a Neutral Market.
Housing Prices in 24283, VA
How much do homes in 24283, VA cost?
Median Sold Price
$159,750
$98/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 24283 was $159,750 in April 2024, up 18.3% from last year, and the median price per square foot was $98.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $177.5K | $47.5K | -73.2% |
3 Bedrooms | $129.5K | $159.7K | +23.4% |
4 Bedrooms | $290K | $179K | -38.3% |
5+ Bedrooms | - | - | N/A |
Summary: 24283 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 73.2%, 3 bedroom homes increased by 23.4%, 4 bedroom homes decreased by 38.3%, and 5+ bedroom homes did not change.
Housing Supply in 24283, VA
How many homes are available in 24283, VA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 13 | +18.2% |
Summary: The 24283 real estate market had 13 homes for sale in April 2024, a 18.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 9 | 11 | +22.2% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 24283 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 increased by 22.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in 24283 in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 24283, VA
How long does it take to sell a home in 24283, VA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
44 Days | 74 Days | +68.2% |
Summary: Homes in 24283 had an average of 74 days on market in Apr 2024, up by 68.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 1 homes were sold in 24283; 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.