Is Botetourt County, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Botetourt County was a Seller's Market.
Key Takeaway
Botetourt County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Botetourt County, VA
How much do homes in Botetourt County, VA cost?
Median Sold Price
$335,000
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Botetourt County have sold for 2.6% more than they did a year ago.
Summary: The median home sold price in Botetourt County was $335,000 in April 2024, up 2.6% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $151.5K | N/A |
| 2 Bedrooms | $180K | $189.2K | +5.1% |
| 3 Bedrooms | $285K | $287K | +0.7% |
| 4 Bedrooms | $402.9K | $482.4K | +19.7% |
| 5+ Bedrooms | $607.5K | $579.8K | -4.5% |
Summary: Botetourt County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.1%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 19.7%, and 5+ bedroom homes decreased by 4.5%.
Median Sold Price Compared To Nearby Counties
| Alleghany County | $112.5K | $130K | +15.6% |
| Bedford County | $357K | $374.4K | +4.9% |
| Botetourt County | $326.6K | $335K | +2.6% |
Housing Supply in Botetourt County, VA
How many homes are available in Botetourt County, VA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 88 | 106 | +20.5% |
Summary: The Botetourt County real estate market had 106 homes for sale in April 2024, a 20.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 14 | 15 | +7.1% |
| 3 Bedrooms | 36 | 44 | +22.2% |
| 4 Bedrooms | 24 | 33 | +37.5% |
| 5+ Bedrooms | 12 | 12 | 0.0% |
Summary: The Botetourt County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 22 | 16 | -27.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Botetourt County, you could pay more than the asking price. 37.5% of homes here sold above asking price last month.
Summary: A total of 16 homes were sold or pending in Botetourt County in April 2024, down by 27.3% month-over-month. Of the 16 sold homes, 31% were sold under asking, 31% were sold at asking, and 38% were sold over asking.
Days on Market for Botetourt County, 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. 
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.