New - 2 hours on Rocket
#357704, Salina M Khanna, Listing Office: T.Y. Realty Incorporated
Big Island Housing Market Report February 2025•Bedford County, Virginia
Housing Prices in Big Island, VA
How much do homes in Big Island, VA cost?
Housing Market Conditions
Is Big Island, VA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Big Island is a Neutral Market
Difference Since January 2025
Last month, Big Island was a Seller's Market.
Insight
Big Island is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Median Sold Price
$120,000$85/SqFt
-$176,900
-59.6%
Based on all homes sold in February 2025
Insight
Homes in Big Island have sold for 59.6% less than they did a month ago.
Summary: The median home sold price in Big Island was $120,000 in February 2025, down 59.6% from last month, and the median price per square foot was $85.
Median Sold Price By Cities
| City | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| Natural Bridge | $140K | $130K | -7.1% |
| Monroe | $399.9K | $356.2K | -10.9% |
| Big Island | $296.9K | $120K | -59.6% |
Median Sold Price By Bedrooms
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | - | - | N/A |
| 33 Bedrooms | $296.9K | $120K | -59.6% |
| 44 Bedrooms | - | - | N/A |
| 55+ Bedrooms | - | - | N/A |
Summary: Big Island housing price by bedroom type for February 2025, compared to the previous month. 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 decreased by -59.6%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.
Housing supply in Big Island, VA
How many homes are available in Big Island, VA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 6Last MonthFeb 2025 | ||
| 52 months agoJan 2025 | +20.0 % Change MoMJan – Feb |
Summary: The Big Island real estate market had 6 homes for sale in Feb 2025, a 20.0 % increase compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 1Last MonthFeb 2025 | ||
| 12 months agoJan 2025 | 0.0 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 33 Bedrooms | 3 | 4 | +33.3% |
| 44 Bedrooms | 0 | 0 | 0.0% |
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 2 | 2 | 0.0% |
| 55+ Bedrooms | 0 | 0 | 0.0% |
Summary: Big Island housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 3 bedroom homes increased by +33.3%. The inventory for 4 bedroom homes remained the same. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Big Island, VA cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price1 Home
Insight
If you're buying a home in Big Island, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Big Island in February 2025, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for Big Island, VA
How long does it take to sell a home in Big Island, VA?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days0 Home
Over 90 Days0 Home
Insight
Many homes in Big Island are selling fast, if you're buying plan to act quickly.
Summary: During February 2025, 1 homes were sold in Big Island; 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 Sale Time
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 21 DaysLast MonthFeb 2025 | ||
| 20 Days1 month agoJan 2025 | +5.0 % Change MoMJan – Feb |
Summary: Homes in Big Island had an average listing age of 21 days in Feb 2025, up by 5.0% compared to the previous month.
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Newest Listings in Big Island, VA
What homes are available in Big Island, VA?
New - 5 days on Rocket
$3,468 Closing Credit¹
#357554, Stacey C Angel, Listing Office: Stacey Angel Real Estate LLC
New - 5 days on Rocket
#357602, Stacey C Angel, Listing Office: Stacey Angel Real Estate LLC
New - 6 days on Rocket
$1,781 Closing Credit¹
#357568, Jeremiah W Cochenour, Listing Office: Mark A. Dalton & Co., Inc.
$5,105 Closing Credit¹
#356910, Robert E Dawson, Listing Office: Berkshire Hathaway HomeServices Dawson Ford Garbee & Co., REALTORS®
$8,313 Closing Credit¹
#356973, Samantha L Booker, Listing Office: Magnolia Mountain Realty
#355321, Schyler C Higgins, Listing Office: Cornerstone Realty Group Inc
$1,663 Closing Credit¹
#912567, Listing Office: MAGNOLIA MOUNTAIN REALTY - MAIN
$1,663 Closing Credit¹
#355893, Roxanne Harris, Listing Office: Magnolia Mountain Realty
#910107, Listing Office: RE/MAX ALL POINTS
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MLS Disclaimers and Copyright
Based on information from Lynchburg MLS, and Roanoke Valley Association of Realtors MLS for the period 01/01/2025 - 03/01/2025
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: 3/10/2025, 9:20:56 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: 3/10/2025, 9:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Although 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: 3/10/2025, 9:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.