Is Catawba, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Catawba has remained a Seller's Market.
Housing Prices in Catawba, VA
How much do homes in Catawba, VA cost?
Median Sold Price
$309,500
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Catawba was $309,500 in March 2024, up 10.9% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $75.4K | $273.5K | +262.4% |
2 Bedrooms | $178K | $170K | -4.5% |
3 Bedrooms | $255K | $269.5K | +5.7% |
4 Bedrooms | $309.9K | $370K | +19.4% |
5+ Bedrooms | $425K | $465K | +9.4% |
Summary: Catawba housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 262.4%, 2 bedroom homes decreased by 4.5%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 19.4%, and 5+ bedroom homes increased by 9.4%.
Median Sold Price Compared To Nearby Cities
Salem | $254K | $291.8K | +14.9% |
Roanoke | $223.3K | $255.1K | +14.2% |
Catawba | $278.9K | $309.5K | +10.9% |
Salem | $265.3K | $291.8K | +10.0% |
Windsor Hills | $350K | $371.2K | +6.1% |
Housing Supply in Catawba, VA
How many homes are available in Catawba, VA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
93 | 128 | +37.6% |
Summary: The Catawba real estate market had 128 homes for sale in March 2024, a 37.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 4 | 7 | +75.0% |
3 Bedrooms | 50 | 70 | +40.0% |
4 Bedrooms | 34 | 43 | +26.5% |
5+ Bedrooms | 4 | 7 | +75.0% |
Summary: The Catawba 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 increased by 75%, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 26.5%, and 5+ bedroom homes increased by 75%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
17 | 25 | +47.1% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in Catawba in March 2024, up by 47.1% month-over-month. Of the 25 sold homes, 60% were sold under asking, 16% were sold at asking, and 24% were sold over asking.
Days on Market for Catawba, VA
We’re sorry, we don't have information for this market at the moment