Is Staunton River, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
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.
Housing Prices in Staunton River, VA
How much do homes in Staunton River, VA cost?
Median Sold Price
$200,000
$124/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Staunton River have sold for 14% more than they did a year ago.
Summary: The median home sold price in Staunton River was $200,000 in June 2024, up 14% from last year, and the median price per square foot was $124.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $35K | - | N/A |
| 2 Bedrooms | $149.9K | $181K | +20.7% |
| 3 Bedrooms | $184.5K | $198K | +7.3% |
| 4 Bedrooms | $243K | $220K | -9.5% |
| 5+ Bedrooms | $541.8K | $257K | -52.6% |
Summary: Staunton River housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 20.7%, 3 bedroom homes increased by 7.3%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes decreased by 52.6%.
Median Sold Price Compared To Nearby Cities
| Hurt | $174K | $198.9K | +14.3% |
| Staunton River | $175.5K | $200K | +14.0% |
| Altavista | $192.7K | $207.4K | +7.6% |
| Callands-Gretna | $272.2K | $280K | +2.8% |
Housing Supply in Staunton River, VA
How many homes are available in Staunton River, VA?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 12 | 16 | +33.3% |
Summary: The Staunton River real estate market had 16 homes for sale in June 2024, a 33.3% increase compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 3 | +200.0% |
| 3 Bedrooms | 4 | 7 | +75.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Staunton River housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 200%, 3 bedroom homes increased by 75%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Staunton River, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Staunton River in June 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Staunton River, VA
How long does it take to sell a home in Staunton River, VA?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 3 Days | 10 Days | +160.9% |
Summary: Homes in Staunton River had an average of 10 days on market in Jun 2024, up by 160.9% compared to last year.
Breakdown of Home Sale Times
2 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 Staunton River are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 3 homes were sold in Staunton River; 67% 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.