Is Stonewall, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Stonewall has remained a Seller's Market.
Key Takeaway
Stonewall is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Stonewall, VA
How much do homes in Stonewall, VA cost?
Median Sold Price
$461,000
$296/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Stonewall have sold for 63.2% more than they did a month ago.
Summary: The median home sold price in Stonewall was $461,000 in April 2024, up 63.2% from last month, and the median price per square foot was $296.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $189.9K | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $282.5K | $285.5K | +1.1% |
| 4 Bedrooms | - | $711K | N/A |
| 5+ Bedrooms | $650K | - | N/A |
Summary: Stonewall housing prices by bedroom type for April 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 increased by 1.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Elkton | $183.9K | $465.5K | +153.1% |
| Stonewall | $282.5K | $461K | +63.2% |
| Shenandoah | $675.4K | $182.2K | -73.0% |
Housing Supply in Stonewall, VA
How many homes are available in Stonewall, VA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 21 | 24 | +14.3% |
Summary: The Stonewall real estate market had 24 homes for sale in April 2024, a 14.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 11 | 13 | +18.2% |
| 4 Bedrooms | 8 | 10 | +25.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Stonewall housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Stonewall, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Stonewall in April 2024, the same as the previous month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.
Days on Market for Stonewall, VA
How long does it take to sell a home in Stonewall, VA?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 28 Days | 22 Days | -21.3% |
Summary: Homes in Stonewall had an average of 22 days on market in Apr 2024, down by 21.3% compared to last month.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Stonewall are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 5 homes were sold in Stonewall; 80% of homes were sold within 30 days, 20% 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.