Is Craig Creek, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Craig Creek is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Craig Creek has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Craig Creek, VA

How much do homes in Craig Creek, VA cost?

Median Sold Price

$115,000

$120/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$442,500(-79.4%)

Key Takeaway

Homes in Craig Creek have sold for 79.4% less than they did a month ago.

Summary: The median home sold price in Craig Creek was $115,000 in April 2024, down 79.4% from last month, and the median price per square foot was $120.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 $432K-
N/A
2 --
N/A
3 $595K$115K
-80.7%
4 $520K-
N/A
5+ --
N/A

Summary: Craig Creek housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 80.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Potts Mountain
-42.6%
Craig City
-53.1%
Craig Creek
-79.4%

Housing Supply in Craig Creek, VA

How many homes are available in Craig Creek, VA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
64-33.3%

Summary: The Craig Creek real estate market had 4 homes for sale in April 2024, a 33.3% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 10
-100.0%
2 00
0.0%
3 43
-25.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Craig Creek housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Craig Creek, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Craig Creek in April 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Craig Creek, 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 12 Days Ago

Newest Listings in Craig Creek, VA

Nearby Markets to Craig Creek, VA

What housing markets are near Craig Creek, VA?