Is Stonewall, 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, Stonewall has remained a Seller's Market.
Housing Prices in Stonewall, VA
How much do homes in Stonewall, VA cost?
Median Sold Price
$401,045
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Stonewall was $401,045 in April 2024, up 7.9% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $80.5K | N/A |
2 Bedrooms | $248.7K | $247.5K | -0.5% |
3 Bedrooms | $331.2K | $363.4K | +9.7% |
4 Bedrooms | $465K | $499.9K | +7.5% |
5+ Bedrooms | $617.5K | $643K | +4.1% |
Summary: Stonewall 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 decreased by 0.5%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes increased by 4.1%.
Median Sold Price Compared To Nearby Cities
Stephenson | $406.5K | $465K | +14.4% |
Red Bud | $350K | $385K | +10.0% |
Stonewall | $371.7K | $401K | +7.9% |
Russell | $699.9K | $610K | -12.8% |
Housing Supply in Stonewall, VA
How many homes are available in Stonewall, VA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
60 | 62 | +3.3% |
Summary: The Stonewall real estate market had 62 homes for sale in April 2024, a 3.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 9 | 10 | +11.1% |
3 Bedrooms | 30 | 30 | 0.0% |
4 Bedrooms | 16 | 16 | 0.0% |
5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Stonewall 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 11.1%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 15 | -25.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Stonewall in April 2024, down by 25.0% month-over-month. Of the 15 sold homes, 47% were sold under asking, 13% were sold at asking, and 40% were sold over asking.
Days on Market for Stonewall, VA
How long does it take to sell a home in Stonewall, VA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
39 Days | 15 Days | -60.7% |
Summary: Homes in Stonewall had an average of 15 days on market in Apr 2024, down by 60.7% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 15 homes were sold in Stonewall; 87% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.