24571 Housing Market Report January 2025Campbell County, Virginia

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Housing Prices in 24571, VA

How much do homes in 24571, 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.
$229,500$157/SqFt
-$70,400
-23.5%

Based on all homes listed in the last 12 months

Insight

The list price of homes in 24571 has decreased by 23.5% since last year.

Summary: The median home list price in 24571 was $229,500 in January 2025, down 23.5% from the previous year, and the median price per square foot was $157.

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
24563
+12.0%
24104
+10.0%
24550
+6.9%
24517
+1.2%
24571
-23.5%

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.
BedsJan 2024Jan 2025Change YoY
1$199.9K-
N/A
2$125K$174.9K
+39.9%
3$269.7K$262.2K
-2.8%
4$529K$312K
-41.0%
5$620K$420K
-32.3%

Summary: 24571 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 increased by +39.9%. The home price for 3 bedroom homes decreased by -2.8%. The home price for 4 bedroom homes decreased by -41.0%. The home price for 5 bedroom homes decreased by -32.3%.

Housing supply in 24571, VA

How many homes are available in 24571, 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
72 months agoDec 2024
+28.6 %
Change MoMDec – Jan

Summary: The 24571 real estate market had 9 homes for sale in Jan 2025, a 28.6 % increase 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%
211
0.0%
346
+50.0%
422
0.0%
500
0.0%

Summary: 24571 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 increased by +50.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in 24571, 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 Price0 Home

Under Asking Price3 Homes

Insight

If you're buying a home in 24571, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 24571 in January 2025, up by 100.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.

Days on Market for 24571, VA

How long does it take to sell a home in 24571, VA?

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days0 Home

Over 90 Days1 Home

Insight

Many homes in 24571 are selling fast, if you're buying plan to act quickly.

Summary: During January 2025, 3 homes were sold in 24571; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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.
This Year1 year agoChange YoY
121 DaysThis YearJan 2025
121 Days1 year agoJan 2024
-0.4 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in 24571 had an average listing age of 121 days in Jan 2025, down by 0.4% compared to the previous year.

Newest Listings in 24571, VA

What homes are available in 24571, VA?

MLS Disclaimers and Copyright

Based on information from Roanoke Valley Association of Realtors MLS, and Lynchburg MLS for the period 02/01/2023 - 02/01/2025

IDXAlthough 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.

All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this web site may only use this listing data for their personal, non-commercial benefit. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The unauthorized retrieval or use of this listing data is prohibited.

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: 2/7/2025, 9:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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: 2/7/2025, 9:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.