#9976363, Timothy Sproles, Listing Office: Highlands Realty Bristol
Abingdon Housing Market Report January 2025•Gloucester County, Virginia
Housing Prices in Abingdon, VA
How much do homes in Abingdon, VA cost?
Housing Market Conditions
Is Abingdon, VA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Abingdon is a Seller's Market
Difference Since January 2024
Since last year, Abingdon has remained a Seller's Market.
Abingdon 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 Abingdon have sold for 5.8% less than they did a year ago.
Summary: The median home sold price in Abingdon was $312,000 in January 2025, down 5.8% from last year, and the median price per square foot was $164.
Median Sold Price By Cities
City | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
Ware | $330.5K | $351.1K | +6.2% |
Gloucester | $340K | $358.9K | +5.6% |
Abingdon | $331.3K | $312K | -5.8% |
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $120K | $302.5K | +152.1% |
22 Bedrooms | $232.5K | $235K | +1.1% |
33 Bedrooms | $308K | $290K | -5.8% |
44 Bedrooms | $380.7K | $369.4K | -3.0% |
55+ Bedrooms | $625K | $491.5K | -21.4% |
Summary: Abingdon housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +152.1%. The home price for 2 bedroom homes increased by +1.1%. The home price for 3 bedroom homes decreased by -5.8%. The home price for 4 bedroom homes decreased by -3.0%. The home price for 5 bedroom homes decreased by -21.4%.
Housing supply in Abingdon, VA
How many homes are available in Abingdon, VA?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
122Last MonthJan 2025 | ||
1092 months agoDec 2024 | +11.9 % Change MoMDec – Jan |
Summary: The Abingdon real estate market had 122 homes for sale in Jan 2025, a 11.9 % increase compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
24Last MonthJan 2025 | ||
282 months agoDec 2024 | -14.3 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 10 | 19 | +90.0% |
33 Bedrooms | 68 | 73 | +7.4% |
44 Bedrooms | 28 | 27 | -3.6% |
55+ Bedrooms | 3 | 3 | 0.0% |
Summary: Abingdon 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 increased by +90.0%. The inventory for 3 bedroom homes increased by +7.4%. The inventory for 4 bedroom homes decreased by -3.6%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Abingdon, VA cost?
Over Asking Price2 Homes
At Asking Price3 Homes
Under Asking Price17 Homes
If you're buying a home in Abingdon, you may be able to get a good deal. 77.3% of homes here sold below asking price last month.
Summary: A total of 24 homes were sold or pending in Abingdon in January 2025, down by 14.3% month-over-month. Of the 22 sold homes, 77% were sold under asking, 14% were sold at asking, and and 9% were sold over asking.
Days on Market for Abingdon, VA
How long does it take to sell a home in Abingdon, VA?
Breakdown of Home Sale Times
Under 30 Days2 Homes
30 – 90 Days14 Homes
Over 90 Days8 Homes
Avg time on Rocket Homes in Abingdon has remained consistent over time.
Summary: During January 2025, 24 homes were sold in Abingdon; 8% of homes were sold within 30 days, 58% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
119 DaysThis YearJan 2025 | ||
79 Days1 year agoJan 2024 | +49.9 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Abingdon had an average listing age of 119 days in Jan 2025, up by 49.9% compared to the previous year.
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Newest Listings in Abingdon, VA
What homes are available in Abingdon, VA?
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MLS Disclaimers and Copyright
Based on information from Tennessee Virginia Regional MLS, Real Estate Information Network, Central Virginia Regional MLS, Southwest Virginia Association of REALTORS® MLS, and BrightMLS for the period 02/01/2023 - 02/01/2025
Copyright© 2025 Tennessee Virginia Regional MLS. 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: 2/22/2025, 5:20:55 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: 2/22/2025, 5:20:50 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: 2/22/2025, 5:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/22/2025, 5:15:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. 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: 2/22/2025, 5:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.