Is Vinton, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Vinton was a Seller's Market.
Key Takeaway
Vinton is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Vinton, VA
How much do homes in Vinton, VA cost?
Median Sold Price
$285,000
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Vinton have sold for 14% more than they did a year ago.
Summary: The median home sold price in Vinton was $285,000 in March 2024, up 14% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $145.5K | - | N/A |
| 2 Bedrooms | $193.6K | $186.2K | -3.8% |
| 3 Bedrooms | $239.9K | $270K | +12.5% |
| 4 Bedrooms | $285K | $325K | +14.0% |
| 5+ Bedrooms | $343K | $355K | +3.5% |
Summary: Vinton 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 3.8%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 14%, and 5+ bedroom homes increased by 3.5%.
Median Sold Price Compared To Nearby Cities
| Vinton | $236K | $285K | +20.7% |
| Hardy | $352K | $409.9K | +16.5% |
| Vinton | $250K | $285K | +14.0% |
| Blue Ridge | $282.7K | $316.5K | +11.9% |
| Goodview | $307.4K | $340K | +10.6% |
Housing Supply in Vinton, VA
How many homes are available in Vinton, VA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 72 | 79 | +9.7% |
Summary: The Vinton real estate market had 79 homes for sale in March 2024, a 9.7% 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 | 3 | 4 | +33.3% |
| 3 Bedrooms | 41 | 39 | -4.9% |
| 4 Bedrooms | 24 | 33 | +37.5% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Vinton 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 33.3%, 3 bedroom homes decreased by 4.9%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 24 | 9 | -62.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Vinton, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 9 homes were sold or pending in Vinton in March 2024, down by 62.5% month-over-month. Of the 9 sold homes, 22% were sold under asking, 67% were sold at asking, and 11% were sold over asking.
Days on Market for Vinton, VA
We’re sorry, we don't have information for this market at the moment
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.