Is Troutville, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Troutville has remained a Seller's Market.
Housing Prices in Troutville, VA
How much do homes in Troutville, VA cost?
Median Sold Price
$325,000
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Troutville was $325,000 in March 2024, up 3% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $250K | $212.8K | -14.9% |
3 Bedrooms | $282.5K | $270.8K | -4.1% |
4 Bedrooms | $399.9K | $460K | +15.0% |
5+ Bedrooms | $332.5K | $574.9K | +72.9% |
Summary: Troutville housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 14.9%, 3 bedroom homes decreased by 4.1%, 4 bedroom homes increased by 15%, and 5+ bedroom homes increased by 72.9%.
Median Sold Price Compared To Nearby Cities
Amsterdam | $395K | $523.5K | +32.5% |
Troutville | $315.6K | $325K | +3.0% |
Valley | $336.2K | $340K | +1.1% |
Housing Supply in Troutville, VA
How many homes are available in Troutville, VA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
17 | 23 | +35.3% |
Summary: The Troutville real estate market had 23 homes for sale in March 2024, a 35.3% increase 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 | 1 | 2 | +100.0% |
3 Bedrooms | 9 | 11 | +22.2% |
4 Bedrooms | 2 | 6 | +200.0% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Troutville 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 100%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 200%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 5 | +25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Troutville in March 2024, up by 25.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.
Days on Market for Troutville, VA
We’re sorry, we don't have information for this market at the moment