Is 24526, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 24526 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 24526 has remained a Seller's Market.

Key Takeaway

24526 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 24526, VA cost?

Median Sold Price

$130,000

$176/sqft

Based on all homes sold in December 2021.

Difference Since Last Month

-$169,250(-56.6%)

Key Takeaway

Homes in 24526 have sold for 56.6% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Dec 2021%
1 --
N/A
2 -$130K
N/A
3 $134K-
N/A
4 $464.5K-
N/A
5+ --
N/A

Median Sold Price Compared To Nearby Zip Codes

24416
+49.8%
24574
+4.3%
24526
-56.6%

How many homes are available in 24526, VA?

Number of Homes For Sale

Nov 2021Dec 2021%
990.0%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 00
0.0%
2 23
+50.0%
3 54
-20.0%
4 22
0.0%
5+ 00
0.0%

Number of Homes Sold

Nov 2021Dec 2021%
220.0%

Asking Price vs. Sold Price

2 Homes Were 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 24526, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Dec 2021%
2 Days84 Days+3260.0%

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

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 24526 has remained consistent over time.

About 24526, VA

Number of homes for sale in 24526, VA real estate market have reached 9. In December 2021, listings were on the market for 84 days. During the same period, the median list price in this real estate market was $130,000. From December 2020 through December 2021, the following changes in listing prices were observed in this housing market: 1 bedroom properties prices increased by 0%, prices of 2 bedrooms properties went up by 0%, the cost of 3 bedrooms properties went up by 0%, the cost of 4 bedrooms properties went up by 0%, 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: volume of 1 bedroom homes stayed the same, volume of 2 bedrooms homes went up by 50%, 3 bedrooms homes became 20% less available, number of 4 bedrooms homes remained the same, the quantity of 5 bedrooms homes have not changed. In December 2021, from all listings sold in 24526, VA there were more than 0 sold above asking price, over 2 sold below and more than 0 were sold right at the asked price.