Is Cross Junction, 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, Cross Junction has remained a Buyer's Market.
Housing Prices in Cross Junction, VA
How much do homes in Cross Junction, VA cost?
Median Sold Price
$385,000
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Cross Junction was $385,000 in March 2024, up 2.7% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $547K | $307.4K | -43.8% |
3 Bedrooms | $339.9K | $352.5K | +3.7% |
4 Bedrooms | $377.4K | $422.2K | +11.9% |
5+ Bedrooms | $525K | $467.5K | -11.0% |
Summary: Cross Junction 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 decreased by 43.8%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes decreased by 11%.
Median Sold Price Compared To Nearby Cities
Paw Paw | $150K | $175K | +16.7% |
Gainesboro | $365K | $419.9K | +15.0% |
Gore | $365K | $389K | +6.6% |
Cross Junction | $374.9K | $385K | +2.7% |
Bloomery | $275K | $225K | -18.2% |
Housing Supply in Cross Junction, VA
How many homes are available in Cross Junction, VA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
40 | 49 | +22.5% |
Summary: The Cross Junction real estate market had 49 homes for sale in March 2024, a 22.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 5 | +150.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 23 | 23 | 0.0% |
4 Bedrooms | 10 | 16 | +60.0% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Cross Junction housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 150%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 60%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 5 | +66.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Cross Junction in March 2024, up by 66.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for Cross Junction, VA
How long does it take to sell a home in Cross Junction, VA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
4 Days | 39 Days | +890.0% |
Summary: Homes in Cross Junction had an average of 39 days on market in Mar 2024, up by 890% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 5 homes were sold in Cross Junction; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.