Is Hardy, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Hardy has remained a Seller's Market.
Key Takeaway
Hardy is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hardy, VA
How much do homes in Hardy, VA cost?
Median Sold Price
$413,500
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Hardy have sold for 16% more than they did a year ago.
Summary: The median home sold price in Hardy was $413,500 in May 2024, up 16% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $147K | $559K | +280.3% |
| 2 Bedrooms | $412.5K | $485K | +17.6% |
| 3 Bedrooms | $330K | $400K | +21.2% |
| 4 Bedrooms | $445.7K | $454.5K | +2.0% |
| 5+ Bedrooms | $645K | $315K | -51.2% |
Summary: Hardy housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 280.3%, 2 bedroom homes increased by 17.6%, 3 bedroom homes increased by 21.2%, 4 bedroom homes increased by 2%, and 5+ bedroom homes decreased by 51.2%.
Median Sold Price Compared To Nearby Cities
| Hardy | $356.5K | $413.5K | +16.0% |
| Goodview | $300K | $342.1K | +14.1% |
| Vinton | $254.6K | $285K | +11.9% |
| Boone | $311.5K | $317.5K | +1.9% |
| Gills Creek | $550K | $505K | -8.2% |
Housing Supply in Hardy, VA
How many homes are available in Hardy, VA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 51 | 57 | +11.8% |
Summary: The Hardy real estate market had 57 homes for sale in May 2024, a 11.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 27 | 31 | +14.8% |
| 4 Bedrooms | 16 | 14 | -12.5% |
| 5+ Bedrooms | 5 | 9 | +80.0% |
Summary: The Hardy housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 14.8%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 80%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 14 | 15 | +7.1% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Hardy, you may be able to get a good deal. 73.3% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in Hardy in May 2024, up by 7.1% month-over-month. Of the 15 sold homes, 73% were sold under asking, 20% were sold at asking, and 7% were sold over asking.
Days on Market for Hardy, VA
How long does it take to sell a home in Hardy, VA?
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Hardy are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During May 2024, 15 homes were sold in Hardy; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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.