Is Callands-Gretna, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Callands-Gretna was a Buyer's Market.
Key Takeaway
Callands-Gretna is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Callands-Gretna, VA
How much do homes in Callands-Gretna, VA cost?
Median Sold Price
$325,000
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Callands-Gretna have sold for 81.6% more than they did a year ago.
Summary: The median home sold price in Callands-Gretna was $325,000 in March 2024, up 81.6% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $100K | $199.5K | +99.5% |
| 2 Bedrooms | $436.2K | $237K | -45.7% |
| 3 Bedrooms | $167K | $289.9K | +73.6% |
| 4 Bedrooms | $228K | $815K | +257.5% |
| 5+ Bedrooms | - | $2.7M | N/A |
Summary: Callands-Gretna housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 99.5%, 2 bedroom homes decreased by 45.7%, 3 bedroom homes increased by 73.6%, 4 bedroom homes increased by 257.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Callands-Gretna | $179K | $325K | +81.6% |
| Gretna | $174K | $245K | +40.8% |
Housing Supply in Callands-Gretna, VA
How many homes are available in Callands-Gretna, VA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 14 | 12 | -14.3% |
Summary: The Callands-Gretna real estate market had 12 homes for sale in March 2024, a 14.3% decrease 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 | 4 | 3 | -25.0% |
| 3 Bedrooms | 8 | 7 | -12.5% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Callands-Gretna 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 decreased by 25%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Callands-Gretna, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Callands-Gretna in March 2024, down by 60.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Callands-Gretna, VA
We’re sorry, we don't have information for this market at the moment
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
Key Takeaway
Many homes in Callands-Gretna are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 2 homes were sold in Callands-Gretna; 50% 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.
Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this web site does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed regularly, but its accuracy is subject to market changes.