Is Huntington, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Huntington has remained a Seller's Market.
Key Takeaway
Huntington is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Huntington, VA
How much do homes in Huntington, VA cost?
Median Sold Price
$430,000
$386/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Huntington have sold for 0.8% less than they did a year ago.
Summary: The median home sold price in Huntington was $430,000 in April 2024, down 0.8% from last year, and the median price per square foot was $386.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $295.7K | $312.2K | +5.6% |
| 2 Bedrooms | $453K | $444.2K | -1.9% |
| 3 Bedrooms | $584.5K | $595.5K | +1.9% |
| 4 Bedrooms | $536.5K | $667.4K | +24.4% |
| 5+ Bedrooms | $912.5K | $1.5M | +66.0% |
Summary: Huntington housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.6%, 2 bedroom homes decreased by 1.9%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 24.4%, and 5+ bedroom homes increased by 66%.
Median Sold Price Compared To Nearby Neighborhoods
| Fair Haven | $483K | $595K | +23.2% |
| Jefferson Manor | $580K | $593.7K | +2.4% |
| Huntington | $433.5K | $430K | -0.8% |
Housing Supply in Huntington, VA
How many homes are available in Huntington, VA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 59 | 63 | +6.8% |
Summary: The Huntington real estate market had 63 homes for sale in April 2024, a 6.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 11 | 19 | +72.7% |
| 2 Bedrooms | 28 | 27 | -3.6% |
| 3 Bedrooms | 13 | 11 | -15.4% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Huntington housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 72.7%, 2 bedroom homes decreased by 3.6%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 19 | 22 | +15.8% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Huntington, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 22 homes were sold or pending in Huntington in April 2024, up by 15.8% month-over-month. Of the 22 sold homes, 27% were sold under asking, 23% were sold at asking, and 50% were sold over asking.
Days on Market for Huntington, VA
How long does it take to sell a home in Huntington, VA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 15 Days | 10 Days | -30.6% |
Summary: Homes in Huntington had an average of 10 days on market in Apr 2024, down by 30.6% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Huntington are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 22 homes were sold in Huntington; 91% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
