#357552, Daniel Keeton, Listing Office: Keeton & Co Real Estate
24538 Housing Market Report February 2025•Campbell County, Virginia
Housing Prices in 24538, VA
How much do homes in 24538, VA cost?
Housing Market Conditions
Is 24538, VA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
24538 is a Seller's Market
Difference Since February 2024
Since last year, 24538 has remained a Seller's Market.
24538 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in 24538 have sold for 19% more than they did a year ago.
Summary: The median home sold price in 24538 was $339,000 in February 2025, up 19% from last year, and the median price per square foot was $191.
Median Sold Price By Bedrooms
Beds | Feb 2024 | Feb 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $475K | $425K | -10.5% |
22 Bedrooms | $210K | $319K | +51.9% |
33 Bedrooms | $284.9K | $320K | +12.3% |
44 Bedrooms | $330K | $415K | +25.8% |
55+ Bedrooms | $825K | $350K | -57.6% |
Summary: 24538 housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -10.5%. The home price for 2 bedroom homes increased by +51.9%. The home price for 3 bedroom homes increased by +12.3%. The home price for 4 bedroom homes increased by +25.8%. The home price for 5 bedroom homes decreased by -57.6%.
Housing supply in 24538, VA
How many homes are available in 24538, VA?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
14Last MonthFeb 2025 | ||
162 months agoJan 2025 | -12.5 % Change MoMJan – Feb |
Summary: The 24538 real estate market had 14 homes for sale in Feb 2025, a 12.5 % decrease compared to Jan 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
4Last MonthFeb 2025 | ||
32 months agoJan 2025 | +33.3 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
Beds | Jan 2025 | Feb 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 1 | 1 | 0.0% |
33 Bedrooms | 13 | 12 | -7.7% |
44 Bedrooms | 1 | 0 | -100.0% |
55+ Bedrooms | 1 | 1 | 0.0% |
Summary: 24538 housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -7.7%. The inventory for 4 bedroom homes decreased by -100.0%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in 24538, VA cost?
Over Asking Price0 Home
At Asking Price1 Home
Under Asking Price3 Homes
If you're buying a home in 24538, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 24538 in February 2025, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and and 0% were sold over asking.
Days on Market for 24538, VA
How long does it take to sell a home in 24538, VA?
Breakdown of Home Sale Times
Under 30 Days2 Homes
30 – 90 Days1 Home
Over 90 Days1 Home
Many homes in 24538 are selling fast, if you're buying plan to act quickly.
Summary: During February 2025, 4 homes were sold in 24538; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
65 DaysThis YearFeb 2025 | ||
36 Days1 year agoFeb 2024 | +78.1 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in 24538 had an average listing age of 65 days in Feb 2025, up by 78.1% compared to the previous year.
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Newest Listings in 24538, VA
What homes are available in 24538, VA?
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MLS Disclaimers and Copyright
Based on information from Lynchburg MLS, for the period 03/01/2023 - 03/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/12/2025, 8:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.