Is Evington, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Evington is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Evington has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Evington, VA

How much do homes in Evington, VA cost?

Median Sold Price

$317,900

$184/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$10,171(+3.3%)

Key Takeaway

Homes in Evington have sold for 3.3% more than they did a year ago.

Summary: The median home sold price in Evington was $317,900 in March 2024, up 3.3% from last year, and the median price per square foot was $184.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $205K-
N/A
2 $119.5K$185K
+54.7%
3 $242.9K$292.1K
+20.3%
4 $401K$434.9K
+8.5%
5+ $520K$460K
-11.5%

Summary: Evington 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 increased by 54.7%, 3 bedroom homes increased by 20.3%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes decreased by 11.5%.

Median Sold Price Compared To Nearby Cities

Seneca
+12.0%
Sunburst
+4.2%
Evington
+3.3%
Forest
-1.5%
Timberlake
-1.8%

Housing Supply in Evington, VA

How many homes are available in Evington, VA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1927+42.1%

Summary: The Evington real estate market had 27 homes for sale in March 2024, a 42.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 10
-100.0%
3 1219
+58.3%
4 56
+20.0%
5+ 01
+100.0%

Summary: The Evington housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 58.3%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
46+50.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Evington, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Evington in March 2024, up by 50.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.

Days on Market for Evington, VA

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

Average Sale Time

Mar 2023Mar 2024CHANGE
88 Days84 Days-4.1%

Summary: Homes in Evington had an average of 84 days on market in Mar 2024, down by 4.1% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Evington are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 6 homes were sold in Evington; 50% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

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

Report Updated 25 Days Ago

Newest Listings in Evington, VA

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