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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Christiansburg is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Christiansburg was a Neutral Market.

Key Takeaway

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

Housing Prices in Christiansburg, VA

How much do homes in Christiansburg, VA cost?

Median Sold Price

$300,000

$166/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$7,000(-2.3%)

Key Takeaway

Homes in Christiansburg have sold for 2.3% less than they did a year ago.

Summary: The median home sold price in Christiansburg was $300,000 in March 2024, down 2.3% from last year, and the median price per square foot was $166.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $221K$253.5K
+14.7%
3 $282K$291.2K
+3.3%
4 $379K$463K
+22.2%
5+ $620K$490K
-21.0%

Summary: Christiansburg housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.7%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes decreased by 21%.

Housing Supply in Christiansburg, VA

How many homes are available in Christiansburg, VA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
515+200.0%

Summary: The Christiansburg real estate market had 15 homes for sale in March 2024, a 200.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 37
+133.3%
4 15
+400.0%
5+ 12
+100.0%

Summary: The Christiansburg 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 100%, 3 bedroom homes increased by 133.3%, 4 bedroom homes increased by 400%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was 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 Christiansburg, 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 Christiansburg in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Christiansburg, VA

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 24 Days Ago

Newest Listings in Christiansburg, VA

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