Is Clifton Forge, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clifton Forge is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Clifton Forge has remained a Seller's Market.

Key Takeaway

Clifton Forge is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Clifton Forge, VA cost?

Median Sold Price

$80,500

$64/sqft

Based on all homes sold in April 2022.

Difference Since Last Month

+$2,775(+3.6%)

Key Takeaway

Homes in Clifton Forge have sold for 3.6% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSMar 2022Apr 2022%
1 --
N/A
2 $60.4K$78.3K
+29.5%
3 $87.7K-
N/A
4 -$172K
N/A
5+ --
N/A

Median Sold Price Compared To Nearby Cities

Clifton Forge West
+11.9%
Clifton Forge
+3.6%

How many homes are available in Clifton Forge, VA?

Number of Homes For Sale

Mar 2022Apr 2022%
1417+21.4%

Homes For Sale By Bedroom Count

# BEDSMar 2022Apr 2022%
1 00
0.0%
2 33
0.0%
3 88
0.0%
4 36
+100.0%
5+ 00
0.0%

Number of Homes Sold

Mar 2022Apr 2022%
63-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clifton Forge, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

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

About Clifton Forge, VA

Homes for sale in Clifton Forge, VA have reached 17. The number of homes for sale in Clifton Forge, VA increased by 21.4% between March 2022 and April 2022. Real estate listing prices changed between April 2021 and April 2022: 1 bedroom properties became 0% more expensive, the cost of 2 bedrooms properties went up by 29.5%, 3 bedrooms properties became 0% more expensive, the cost of 4 bedrooms properties went up by 0%, prices of 5 bedrooms properties went up by 0%. Volume of homes for sale in this real estate market have seen the following changes: volume of 1 bedroom homes stayed the same, the quantity of 2 bedrooms homes have not changed, volume of 3 bedrooms homes stayed the same, volume of 4 bedrooms homes went up by 100%, 5 bedrooms homes inventory did not change. In April 2022, from all listings sold in Clifton Forge, VA there were more than 2 sold above asking price, over 0 sold below and more than 1 were sold right at the asked price.