Is 24422, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 24422 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 24422 was a Neutral Market.

Key Takeaway

24422 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 24422, VA cost?

Median Sold Price

$134,900

$60/sqft

Based on all homes sold in December 2021.

Difference Since Last Month

+$46,900(+53.3%)

Key Takeaway

Homes in 24422 have sold for 53.3% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Dec 2021%
1 --
N/A
2 $62K$134.9K
+117.6%
3 $103.9K$106.9K
+2.9%
4 --
N/A
5+ --
N/A

How many homes are available in 24422, VA?

Number of Homes For Sale

Nov 2021Dec 2021%
2124+14.3%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 00
0.0%
2 32
-33.3%
3 1416
+14.3%
4 35
+66.7%
5+ 11
0.0%

Number of Homes Sold

Nov 2021Dec 2021%
330.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 24422, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

About 24422, VA

24422, VA has 24 homes for sale to choose from. The number of listings in 24422, VA increased by 14.3% between November 2021 and December 2021. Real estate listing prices changed between December 2020 and December 2021: prices of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties increased by 117.6%, prices of 3 bedrooms properties increased by 2.9%, 4 bedrooms properties prices increased by 0%, 5 bedrooms properties prices increased by 0%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes did not move, the quantity of 2 bedrooms homes went down by 33.3%, number of 3 bedrooms homes increased by 14.3%, 4 bedrooms homes became 66.7% more available, 5 bedrooms homes did not move. 24422, VA housing market in December 2021 saw over 1 listings sold above listed price, more than 1 sold at listed price and over 1 sold below.