Is Staunton River, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Staunton River is a seller's market

Buyer's
Market

Difference Since September 2021

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

Key Takeaway

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

How much do homes in Staunton River, VA cost?

Median Sold Price

$164,000

$103/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$4,000(+2.5%)

Key Takeaway

Homes in Staunton River have sold for 2.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 -$60K
N/A
2 $92K$134.5K
+46.2%
3 $160K$170K
+6.3%
4 $191.4K$195K
+1.9%
5+ $345K$800K
+131.9%

Median Sold Price Compared To Nearby Cities

Altavista
+39.2%
Staunton River
+2.5%
Callands-Gretna
-26.5%

How many homes are available in Staunton River, VA?

Number of Homes For Sale

Aug 2022Sep 2022%
918+100.0%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 01
+100.0%
2 34
+33.3%
3 511
+120.0%
4 11
0.0%
5+ 01
+100.0%

Number of Homes Sold

Aug 2022Sep 2022%
15+400.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Staunton River, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Sep 2022%
13 Days27 Days+102.5%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Staunton River, VA

Homes for sale in Staunton River, VA have reached 18. In September 2022 in Staunton River, VA there were 100% more homes for sale than in August 2022. The median list price of listings available in September 2022 was $164,000, while the average time on the real estate market was 27 days. From August 2022 through September 2022, the following changes in listing prices were observed in this housing market: 1 bedroom properties prices increased by 0%, prices of 2 bedrooms properties increased by 46.2%, 3 bedrooms properties became 6.3% more expensive, prices of 4 bedrooms properties increased by 1.9%, 5 bedrooms properties prices increased by 131.9%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes inventory increased by 100%, the quantity of 2 bedrooms homes went up by 33.3%, the quantity of 3 bedrooms homes went up by 120%, 4 bedrooms homes did not move, volume of 5 bedrooms homes went up by 100%. In September 2022, from all listings sold in Staunton River, VA there were more than 0 sold above asking price, over 3 sold below and more than 2 were sold right at the asked price.

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