Is Staunton, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Staunton was a Seller's Market.
Housing Prices in Staunton, VA
How much do homes in Staunton, VA cost?
Median Sold Price
$219,000
$211/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in Staunton was $219,000 in March 2024, down 35.9% from last month, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $217.7K | N/A |
3 Bedrooms | $332K | $249.5K | -24.8% |
4 Bedrooms | $580K | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Staunton housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 24.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Staunton | $341.5K | $219K | -35.9% |
Staunton | $341.5K | $219K | -35.9% |
Housing Supply in Staunton, VA
How many homes are available in Staunton, VA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
37 | 33 | -10.8% |
Summary: The Staunton real estate market had 33 homes for sale in March 2024, a 10.8% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 4 | +33.3% |
3 Bedrooms | 19 | 16 | -15.8% |
4 Bedrooms | 9 | 7 | -22.2% |
5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Staunton 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 increased by 33.3%, 3 bedroom homes decreased by 15.8%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
8 | 5 | -37.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Staunton in March 2024, down by 37.5% month-over-month. Of the 5 sold homes, 20% were sold under asking, 60% were sold at asking, and 20% were sold over asking.
Days on Market for Staunton, VA
How long does it take to sell a home in Staunton, VA?
Average Sale Time
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
48 Days | 29 Days | -40.7% |
Summary: Homes in Staunton had an average of 29 days on market in Mar 2024, down by 40.7% compared to last month.
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 Staunton; 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.