Is Evington, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
At the same time last year, Evington was a Seller's Market.
Key Takeaway
Evington is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Evington, VA
How much do homes in Evington, VA cost?
Median Sold Price
$310,000
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Key Takeaway
Homes in Evington have sold for 2.5% more than they did a year ago.
Summary: The median home sold price in Evington was $310,000 in November 2023, up 2.5% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $205K | N/A |
| 2 Bedrooms | $114.5K | $99.5K | -13.1% |
| 3 Bedrooms | $253.5K | $280K | +10.5% |
| 4 Bedrooms | $403K | $391.8K | -2.8% |
| 5+ Bedrooms | $520K | $414.5K | -20.3% |
Summary: Evington housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 13.1%, 3 bedroom homes increased by 10.5%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes decreased by 20.3%.
Housing Supply in Evington, VA
How many homes are available in Evington, VA?
Number of Homes For Sale
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 16 | 24 | +50.0% |
Summary: The Evington real estate market had 24 homes for sale in November 2023, a 50.0% increase compared to October 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 3 | +100.0% |
| 3 Bedrooms | 9 | 14 | +55.6% |
| 4 Bedrooms | 7 | 5 | -28.6% |
| 5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The Evington housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 55.6%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
2 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 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 3 homes were sold or pending in Evington in November 2023, down by 40.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% 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
| Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|
| 27 Days | 8 Days | -68.2% |
Summary: Homes in Evington had an average of 8 days on market in Nov 2023, down by 68.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Evington are selling fast, if you're buying plan to act quickly.
Summary: During November 2023, 3 homes were sold in Evington; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this web site does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed regularly, but its accuracy is subject to market changes.