Is 24426, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 24426 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 24426 was a Buyer's Market.

Key Takeaway

24426 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 24426, VA cost?

Median Sold Price

$122,000

$89/sqft

Based on all homes sold in December 2021.

Difference Since Last Month

-$25,900(-17.5%)

Key Takeaway

Homes in 24426 have sold for 17.5% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Dec 2021%
1 --
N/A
2 -$132K
N/A
3 $108.2K$122K
+12.8%
4 $197.5K$159.9K
-19.0%
5+ -$63K
N/A

How many homes are available in 24426, VA?

Number of Homes For Sale

Nov 2021Dec 2021%
2225+13.6%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 00
0.0%
2 68
+33.3%
3 1213
+8.3%
4 11
0.0%
5+ 33
0.0%

Number of Homes Sold

Nov 2021Dec 2021%
39+200.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 24426, expect to pay close to the asking price. 44.4% of homes here sold near the asking price last month.

About 24426, VA

There are 25 homes are for sale in 24426, VA real estate market. In December 2021 in 24426, VA there were 13.6% more homes for sale than in November 2021. This housing market listing prices have changed between December 2020 and December 2021: 1 bedroom properties prices increased by 0%, the cost of 2 bedrooms properties went up by 0%, prices of 3 bedrooms properties increased by 12.8%, prices of 4 bedrooms properties went down by 19%, prices of 5 bedrooms properties went up by 0%. The following changes in the number of homes for sale were observed in this housing market: the quantity of 1 bedroom homes have not changed, number of 2 bedrooms homes increased by 33.3%, 3 bedrooms homes became 8.3% more available, the quantity of 4 bedrooms homes have not changed, 5 bedrooms homes inventory did not change. In December 2021 more than 2 listings in 24426, VA were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 3 were sold below.