Housing Prices in Downtown, VA

How much do homes in Downtown, VA cost?

Median List Price

$248,900

$167/sqft

Based on all homes listed in the last 12 months.

Difference Since April 2023

+$13,900(+5.9%)

Key Takeaway

The list price of homes in Downtown has increased by 5.9% since last year.

Summary: The median home list price in Downtown was $248,900 in April 2024, up 5.9% from the previous year, and the median price per square foot was $167.

Median List Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$150K
N/A
2 $142K$195K
+37.3%
3 $220K$245K
+11.4%
4 $319.9K$298K
-6.8%
5+ $359K$444K
+23.7%

Summary: Downtown 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 increased by 37.3%, 3 bedroom homes increased by 11.4%, 4 bedroom homes decreased by 6.8%, and 5+ bedroom homes increased by 23.7%.

Median List Price Compared To Nearby Neighborhoods

West Hampton
+17.1%
Downtown
+5.9%

Housing Supply in Downtown, VA

How many homes are available in Downtown, VA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
7684+10.5%

Summary: The Downtown real estate market had 84 homes for sale in April 2024, a 10.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 1215
+25.0%
3 3637
+2.8%
4 2222
0.0%
5+ 610
+66.7%

Summary: The Downtown 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 increased by 25%, 3 bedroom homes increased by 2.8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 66.7%.

Days on Market for Downtown, VA

How long does it take to sell a home in Downtown, VA?

Average Listing Age

Apr 2023Apr 2024CHANGE
80 Days78 Days-3.2%

Summary: Homes in Downtown had an average listing age of 78 days in Apr 2024, down by 3.2% compared to the previous year.

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

Report Updated 8 Days Ago

Newest Listings in Downtown, VA

Nearby Markets to Downtown, VA