Is Clifton Forge East, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Clifton Forge East was a Seller's Market.
Key Takeaway
Clifton Forge East is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Clifton Forge East, VA
How much do homes in Clifton Forge East, VA cost?
Median Sold Price
$170,000
$93/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Clifton Forge East have sold for 27.3% more than they did a year ago.
Summary: The median home sold price in Clifton Forge East was $170,000 in April 2024, up 27.3% from last year, and the median price per square foot was $93.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $119K | $108K | -9.2% |
| 3 Bedrooms | $99.9K | $153K | +53.2% |
| 4 Bedrooms | $165K | $370K | +124.2% |
| 5+ Bedrooms | $225K | $280K | +24.4% |
Summary: Clifton Forge East housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 9.2%, 3 bedroom homes increased by 53.2%, 4 bedroom homes increased by 124.2%, and 5+ bedroom homes increased by 24.4%.
Median Sold Price Compared To Nearby Cities
| Clifton Forge West | $60K | $92.5K | +54.2% |
| Clifton Forge | $99.9K | $133.7K | +33.9% |
| Clifton Forge East | $133.5K | $170K | +27.3% |
| Jackson River | $154.5K | $142.5K | -7.8% |
Housing Supply in Clifton Forge East, VA
How many homes are available in Clifton Forge East, VA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 11 | +37.5% |
Summary: The Clifton Forge East real estate market had 11 homes for sale in April 2024, a 37.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 2 | 4 | +100.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Clifton Forge East housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Clifton Forge East, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Clifton Forge East in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Clifton Forge East, VA
We’re sorry, we don't have information for this market at the moment
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