Is Craig County, 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, Craig County has remained a Seller's Market.
Key Takeaway
Craig County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Craig County, VA
How much do homes in Craig County, VA cost?
Median Sold Price
$115,000
$120/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Craig County have sold for 73.4% less than they did a month ago.
Summary: The median home sold price in Craig County was $115,000 in April 2024, down 73.4% from last month, and the median price per square foot was $120.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $432K | $46K | -89.4% |
| 2 Bedrooms | $64.9K | $99.9K | +53.9% |
| 3 Bedrooms | $595K | $155.6K | -73.8% |
| 4 Bedrooms | $459.5K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Craig County housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 89.4%, 2 bedroom homes increased by 53.9%, 3 bedroom homes decreased by 73.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Craig County, VA
How many homes are available in Craig County, VA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 17 | 18 | +5.9% |
Summary: The Craig County real estate market had 18 homes for sale in April 2024, a 5.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 11 | 11 | 0.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Craig County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 7 | 0.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Craig County, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Craig County in April 2024, the same as the previous month. Of the 7 sold homes, 86% were sold under asking, 14% were sold at asking, and 0% were sold over asking.
Days on Market for Craig 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.