Is 24590, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 24590 has remained a Buyer's Market.
Housing Prices in 24590, VA
How much do homes in 24590, VA cost?
Median Sold Price
$309,900
$189/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in 24590 was $309,900 in March 2024, down 17.3% from last month, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $374.9K | $307.5K | -18.0% |
4 Bedrooms | $365K | $309.9K | -15.1% |
5+ Bedrooms | - | - | N/A |
Summary: 24590 housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 18%, 4 bedroom homes decreased by 15.1%, and 5+ bedroom homes did not change.
Housing Supply in 24590, VA
How many homes are available in 24590, VA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
32 | 33 | +3.1% |
Summary: The 24590 real estate market had 33 homes for sale in March 2024, a 3.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 10 | 12 | +20.0% |
4 Bedrooms | 16 | 15 | -6.3% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The 24590 housing inventory by bedroom type for March 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 20%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 3 | -25.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in 24590 in March 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for 24590, VA
How long does it take to sell a home in 24590, VA?
Average Sale Time
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
45 Days | 3 Days | -91.9% |
Summary: Homes in 24590 had an average of 3 days on market in Mar 2024, down by 91.9% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in 24590; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.