24541 Housing Market Report January 2025Danville County, Virginia

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Housing Prices in 24541, VA

How much do homes in 24541, VA cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$117,500$123/SqFt
+$7,600
+6.9%

Based on all homes listed in January 2025

Insight

The list price of homes in 24541 has increased by 6.9% since December.

Summary: The median home list price in 24541 was $117,500 in January 2025, up 6.9% from the previous month, and the median price per square foot was $123.

Median List Price By City

Median List Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
24541
+6.9%
24054
0.0%
24540
-25.5%
24069
-29.8%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsDec 2024Jan 2025Change YoY
1--
N/A
2$104.9K$104.9K
0.0%
3$117.5K$141.2K
+20.2%
4$574.9K$549.9K
-4.3%
5--
N/A

Summary: 24541 housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes increased by +20.2%. The home price for 4 bedroom homes decreased by -4.3%. The home price for 5 bedroom homes did not change.

Housing supply in 24541, VA

How many homes are available in 24541, VA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
9Last MonthJan 2025
112 months agoDec 2024
-18.2 %
Change MoMDec – Jan

Summary: The 24541 real estate market had 9 homes for sale in Jan 2025, a 18.2 % decrease compared to Dec 2024.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsDec 2024Jan 2025Change MoM
100
0.0%
244
0.0%
354
-20.0%
421
-50.0%
500
0.0%

Summary: 24541 housing inventory by bedroom type for January 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 -20.0%. The inventory for 4 bedroom homes decreased by -50.0%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in 24541, VA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price1 Home

Under Asking Price0 Home

Insight

If you're buying a home in 24541, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in 24541 in January 2025, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and and 0% were sold over asking.

Days on Market for 24541, VA

How long does it take to sell a home in 24541, VA?

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days0 Home

Over 90 Days0 Home

Insight

Many homes in 24541 are selling fast, if you're buying plan to act quickly.

Summary: During January 2025, 1 homes were sold in 24541; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
Last Month1 month agoChange MoM
48 DaysLast MonthJan 2025
58 Days1 month agoDec 2024
-16.9 %
Change MoMDec – Jan

Summary: Homes in 24541 had an average listing age of 48 days in Jan 2025, down by 16.9% compared to the previous month.

Newest Listings in 24541, VA

What homes are available in 24541, VA?

Nearby markets

Nearby markets aren't available for 24541, VA

MLS Disclaimers and Copyright

Based on information from Lynchburg MLS, Roanoke Valley Association of Realtors MLS, Central Virginia Regional MLS, BrightMLS, and Real Estate Information Network for the period 12/01/2024 - 02/01/2025

Information is provided by the Lynchburg Association of REALTORS®. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2025 Lynchburg Association of REALTORS®. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/3/2025, 9:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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All information is deemed reliable but not guaranteed, and should be independently verified. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/3/2025, 9:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/3/2025, 9:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

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Last updated on: 2/3/2025, 9:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Some properties which appear for sale on this website have subsequently sold or may no longer be available. REIN updates its listings on a daily basis.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/3/2025, 9:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.