Is Moneta, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Moneta has remained a Seller's Market.
Key Takeaway
Moneta is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Moneta, VA
How much do homes in Moneta, VA cost?
Median Sold Price
$470,000
$256/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Moneta have sold for 9.2% less than they did a year ago.
Summary: The median home sold price in Moneta was $470,000 in April 2024, down 9.2% from last year, and the median price per square foot was $256.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $170K | $235K | +38.2% |
| 2 Bedrooms | $404.5K | $447K | +10.5% |
| 3 Bedrooms | $419.9K | $431.4K | +2.7% |
| 4 Bedrooms | $850K | $850K | 0.0% |
| 5+ Bedrooms | $1.2M | $1.0M | -13.4% |
Summary: Moneta housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 38.2%, 2 bedroom homes increased by 10.5%, 3 bedroom homes increased by 2.7%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 13.4%.
Median Sold Price Compared To Nearby Cities
| Hardy | $345K | $412K | +19.4% |
| Goodview | $305K | $340K | +11.5% |
| Lakes | $353K | $380K | +7.6% |
| Moneta | $517.7K | $470K | -9.2% |
| Gills Creek | $594K | $499.9K | -15.8% |
Housing Supply in Moneta, VA
How many homes are available in Moneta, VA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 126 | 162 | +28.6% |
Summary: The Moneta real estate market had 162 homes for sale in April 2024, a 28.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 8 | +60.0% |
| 2 Bedrooms | 8 | 18 | +125.0% |
| 3 Bedrooms | 74 | 85 | +14.9% |
| 4 Bedrooms | 27 | 35 | +29.6% |
| 5+ Bedrooms | 12 | 16 | +33.3% |
Summary: The Moneta housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 60%, 2 bedroom homes increased by 125%, 3 bedroom homes increased by 14.9%, 4 bedroom homes increased by 29.6%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 28 | 35 | +25.0% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Moneta, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 35 homes were sold or pending in Moneta in April 2024, up by 25.0% month-over-month. Of the 35 sold homes, 57% were sold under asking, 23% were sold at asking, and 20% were sold over asking.
Days on Market for Moneta, VA
How long does it take to sell a home in Moneta, VA?
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Moneta are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 35 homes were sold in Moneta; 20% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 0% 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.