New - 2 days on Rocket
$10,000 Closing Credit¹
Listing Office: WAINWRIGHT & CO., REALTORS(r)
Blue Ridge Housing Market Report December 2024•Patrick County, Virginia
Housing Prices in Blue Ridge, VA
How much do homes in Blue Ridge, VA cost?
Housing Market Conditions
Is Blue Ridge, VA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Blue Ridge is a Seller's Market
Difference Since December 2023
Since last year, Blue Ridge has remained a Seller's Market.
Insight
Blue Ridge is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$350,000$177/SqFt
+$1,025
0.3%
Based on all homes sold in the last 12 months
Insight
The sold price of homes in Blue Ridge has remained the same since last year.
Summary: The median home sold price in Blue Ridge was $350,000 in December 2024, up 0.3% from last year, and the median price per square foot was $177.
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $126K | - | N/A |
| 22 Bedrooms | $145K | $210K | +44.8% |
| 33 Bedrooms | $259.5K | $315K | +21.4% |
| 44 Bedrooms | $444.6K | $359.5K | -19.1% |
| 55+ Bedrooms | $333.2K | $575K | +72.6% |
Summary: Blue Ridge housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +44.8%. The home price for 3 bedroom homes increased by +21.4%. The home price for 4 bedroom homes decreased by -19.1%. The home price for 5 bedroom homes increased by +72.6%.
Housing supply in Blue Ridge, VA
How many homes are available in Blue Ridge, VA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 23Last MonthDec 2024 | ||
| 252 months agoNov 2024 | -8.0 % Change MoMNov – Dec |
Summary: The Blue Ridge real estate market had 23 homes for sale in Dec 2024, a 8.0 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 5Last MonthDec 2024 | ||
| 72 months agoNov 2024 | -28.6 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 1 | 0.0% |
| 22 Bedrooms | 3 | 3 | 0.0% |
| 33 Bedrooms | 11 | 12 | +9.1% |
| 44 Bedrooms | 8 | 6 | -25.0% |
| 55+ Bedrooms | 2 | 1 | -50.0% |
Summary: Blue Ridge housing inventory by bedroom type for December 2024, 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 +9.1%. The inventory for 4 bedroom homes decreased by -25.0%. The inventory for 5 bedroom homes decreased by -50.0%.
Asking Price vs. Sold Price
How much do homes in Blue Ridge, VA cost?
Over Asking Price2 Homes
At Asking Price1 Home
Under Asking Price2 Homes
Insight
If you're buying a home in Blue Ridge, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Blue Ridge in December 2024, down by 28.6% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and and 40% were sold over asking.
Days on Market for Blue Ridge, VA
We’re sorry, we don't have information for this market at the moment.
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days0 Home
Over 90 Days0 Home
Insight
Many homes in Blue Ridge are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 5 homes were sold in Blue Ridge; 20% 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.
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Newest Listings in Blue Ridge, VA
What homes are available in Blue Ridge, VA?
New - 3 days on Rocket
$2,375 Closing Credit¹
Listing Office: MKB, REALTORS(r)
New - 5 days on Rocket
Listing Office: LICHTENSTEIN ROWAN, REALTORS(r)
$2,968 Closing Credit¹
Listing Office: COLDWELL BANKER TOWNSIDE, REALTORS(r)
3D tour
$5,106 Closing Credit¹
Listing Office: WAINWRIGHT & CO., REALTORS(r)
$5,213 Closing Credit¹
Listing Office: CENTURY 21 WAMPLER REALTY
$3,853 Closing Credit¹
Listing Office: CENTURY 21 WAMPLER REALTY
$6,044 Closing Credit¹
Listing Office: CENTURY 21 WAMPLER REALTY
Listing Office: XREALTY.NET LLC
$7,422 Closing Credit¹
Listing Office: KELLER WILLIAMS REALTY ROANOKE
$2,374 Closing Credit¹
Listing Office: RE/MAX ALL STARS
$4,750 Closing Credit¹
Listing Office: BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS(r) - MAIN
Nearby markets
Popular Cities with Homes for Sale in Virginia
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MLS Disclaimers and Copyright
Based on information from Roanoke Valley Association of Realtors MLS, Triad MLS Inc, and Lynchburg MLS for the period 01/01/2023 - 01/01/2025
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: 1/29/2025, 3:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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: 1/29/2025, 3:20:47 PM 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: 1/29/2025, 3:20:57 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: 1/29/2025, 3:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.