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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Evington is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Evington has remained a Seller's Market.

Key Takeaway

Evington is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Evington, VA

How much do homes in Evington, VA cost?

Median Sold Price

$320,000

$184/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$12,271(+4.0%)

Key Takeaway

Homes in Evington have sold for 4% more than they did a year ago.

Summary: The median home sold price in Evington was $320,000 in April 2024, up 4% from last year, and the median price per square foot was $184.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $205K-
N/A
2 $122.5K$250K
+104.1%
3 $269.2K$292.1K
+8.5%
4 $401K$454.9K
+13.4%
5+ $480K$489.9K
+2.1%

Summary: Evington 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 104.1%, 3 bedroom homes increased by 8.5%, 4 bedroom homes increased by 13.4%, and 5+ bedroom homes increased by 2.1%.

Median Sold Price Compared To Nearby Cities

Sunburst
+9.8%
Seneca
+4.1%
Evington
+4.0%
Timberlake
-2.6%
Forest
-3.3%

Housing Supply in Evington, VA

How many homes are available in Evington, VA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1932+68.4%

Summary: The Evington real estate market had 32 homes for sale in April 2024, a 68.4% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 02
+100.0%
3 1624
+50.0%
4 15
+400.0%
5+ 10
-100.0%

Summary: The Evington 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 100%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 400%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
78+14.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Evington, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Evington in April 2024, up by 14.3% month-over-month. Of the 8 sold homes, 50% were sold under asking, 38% were sold at asking, and 13% were sold over asking.

Days on Market for Evington, VA

How long does it take to sell a home in Evington, VA?

Average Sale Time

Apr 2023Apr 2024CHANGE
150 Days32 Days-78.4%

Summary: Homes in Evington had an average of 32 days on market in Apr 2024, down by 78.4% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 8 homes were sold in Evington; 63% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% 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 18 Days Ago

Newest Listings in Evington, VA

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