Ararat Housing Market Report January 2025•Patrick County, Virginia

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Housing Prices in Ararat, VA

How much do homes in Ararat, 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.
$225,000$167/SqFt
+$29,500
+15.1%

Based on all homes listed in the last 12 months

Insight

The list price of homes in Ararat has increased by 15.1% since last year.

Summary: The median home list price in Ararat was $225,000 in January 2025, up 15.1% from the previous year, and the median price per square foot was $167.

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
Meadows Of Dan
+28.6%
Laurel Fork
+21.0%
Dan River
+17.2%
Ararat
+15.1%

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$239K$260.9K
+9.2%
2$127.9K$157.4K
+23.1%
3$196K$279K
+42.3%
4$379.9K$197K
-48.1%
5-$425K
N/A

Summary: Ararat housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +9.2%. The home price for 2 bedroom homes increased by +23.1%. The home price for 3 bedroom homes increased by +42.3%. The home price for 4 bedroom homes decreased by -48.1%. The home price for 5 bedroom homes did not change.

Housing supply in Ararat, VA

How many homes are available in Ararat, 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
4Last MonthJan 2025
72 months agoDec 2024
-42.9 %
Change MoMDec – Jan

Summary: The Ararat real estate market had 4 homes for sale in Jan 2025, a 42.9 % 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
120
-100.0%
222
0.0%
332
-33.3%
400
0.0%
500
0.0%

Summary: Ararat housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -100.0%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -33.3%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Days on Market for Ararat, VA

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

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
68 DaysThis YearJan 2025
58 Days1 year agoJan 2024
+17.6 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in Ararat had an average listing age of 68 days in Jan 2025, up by 17.6% compared to the previous year.

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Newest Listings in Ararat, VA

What homes are available in Ararat, VA?

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Nearby markets

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MLS Disclaimers and Copyright

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

IDX Copyright © 2025 Triad Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.
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, 9:20:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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, 9:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.