Is Stonewall, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stonewall is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, 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

$405,000

$199/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$6,000(+1.5%)

Key Takeaway

Homes in Stonewall have sold for 1.5% more than they did a year ago.

Summary: The median home sold price in Stonewall was $405,000 in September 2024, up 1.5% from last year, and the median price per square foot was $199.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 -$80.5K
N/A
2 $266K$252.5K
-5.1%
3 $341.9K$366K
+7.0%
4 $479.9K$550K
+14.6%
5+ $623.5K$565K
-9.4%

Summary: Stonewall housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.1%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 14.6%, and 5+ bedroom homes decreased by 9.4%.

Median Sold Price Compared To Nearby Cities

Red Bud
+9.0%
Clear Brook
+6.1%
Stephenson
+4.6%
Stonewall
+1.5%

Housing Supply in Stonewall, VA

How many homes are available in Stonewall, VA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
7370-4.1%

Summary: The Stonewall real estate market had 70 homes for sale in September 2024, a 4.1% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 22
0.0%
3 3840
+5.3%
4 2320
-13.0%
5+ 108
-20.0%

Summary: The Stonewall housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 5.3%, 4 bedroom homes decreased by 13%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
2118-14.3%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stonewall, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in Stonewall in September 2024, down by 14.3% month-over-month. Of the 18 sold homes, 44% were sold under asking, 33% were sold at asking, and 22% 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

Sep 2023Sep 2024CHANGE
26 Days34 Days+30.2%

Summary: Homes in Stonewall had an average of 34 days on market in Sep 2024, up by 30.2% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 18 homes were sold in Stonewall; 61% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.

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

Report Updated 30 Days Ago

Newest Listings in Stonewall, VA

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