Is 24528, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 24528 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 24528 was a Neutral Market.

Key Takeaway

24528 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 24528, VA cost?

Median Sold Price

$131,000

$100/sqft

Based on all homes sold in December 2021.

Difference Since Last Month

-$8,900(-6.4%)

Key Takeaway

Homes in 24528 have sold for 6.4% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Dec 2021%
1 --
N/A
2 --
N/A
3 $139.9K$131K
-6.4%
4 --
N/A
5+ --
N/A

How many homes are available in 24528, VA?

Number of Homes For Sale

Nov 2021Dec 2021%
1214+16.7%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 00
0.0%
2 33
0.0%
3 87
-12.5%
4 14
+300.0%
5+ 00
0.0%

Number of Homes Sold

Nov 2021Dec 2021%
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 24528, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Average Sale Time

Nov 2021Dec 2021%
22 Days13 Days-42.2%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 24528 are selling fast, if you're buying plan to act quickly.

About 24528, VA

24528, VA has 14 homes for sale to choose from. The number of homes for sale in 24528, VA increased by 16.7% between November 2021 and December 2021. Listings spent 13 days on the market in December 2021, and had a median list price of $131,000 during the same period. This housing market listing prices have changed between December 2020 and December 2021: 1 bedroom properties became 0% more expensive, the cost of 2 bedrooms properties went up by 0%, prices of 3 bedrooms properties went down by 6.4%, 4 bedrooms properties prices increased by 0%, the cost of 5 bedrooms properties went up by 0%. Volume of homes for sale changed: 1 bedroom homes inventory did not change, volume of 2 bedrooms homes stayed the same, number of 3 bedrooms homes decreased by 12.5%, the quantity of 4 bedrooms homes went up by 300%, 5 bedrooms homes inventory did not change. In December 2021, from all listings sold in 24528, VA there were more than 1 sold above asking price, over 0 sold below and more than 0 were sold right at the asked price.