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Prater Housing Market Report June 2025•Buchanan County, Virginia

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Housing Prices in Prater, VA

How much do homes in Prater, 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.
$135,000$79/SqFt
+$35,250
+35.3%

Based on all homes listed in the last 12 months

Insight

The list price of homes in Prater has increased by 35.3% since last year.

Summary: The median home list price in Prater was $135,000 in June 2025, up 35.3% from the previous year, and the median price per square foot was $79.

Median List Price By Cities

Median List Price By Cities
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
Prater
+35.3%
Vansant
+22.6%
Hurricane
+4.8%

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.
BedsJun 2024Jun 2025Change YoY
1--
N/A
2-$80K
N/A
3$99.7K$134.9K
+35.3%
4--
N/A
5-$250K
N/A

Summary: Prater housing price by bedroom type for June 2025, compared to the previous year. 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 increased by +35.3%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

How does Prater, VA compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Prater, VA

Housing supply in Prater, VA

How many homes are available in Prater, 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 MonthJun 2025
32 months agoMay 2025
+33.3 %
Change MoMMay – Jun

Summary: The Prater real estate market had 4 homes for sale in Jun 2025, a 33.3 % increase compared to May 2025.

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.
BedsMay 2025Jun 2025Change MoM
100
0.0%
200
0.0%
312
+100.0%
400
0.0%
522
0.0%

Summary: Prater housing inventory by bedroom type for June 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 +100.0%. 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 Prater, 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 Price2 Homes

Insight

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

Summary: A total of 2 homes were sold or pending in Prater in June 2025, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.

Days on Market for Prater, VA

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

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days2 Homes

Over 90 Days0 Home

Insight

Avg time on Rocket Homes in Prater has remained consistent over time.

Summary: During June 2025, 2 homes were sold in Prater; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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
67 DaysThis YearJun 2025
50 Days1 year agoJun 2024
+34.5 %
Change YoYJun 2024 – Jun 2025

Summary: Homes in Prater had an average listing age of 67 days in Jun 2025, up by 34.5% compared to the previous year.

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Newest Listings in Prater, VA

What homes are available in Prater, VA?

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Nearby markets

Nearby markets aren't available for Prater, VA

Popular Cities with Homes for Sale in Virginia

MLS Disclaimers and Copyright

Based on information from Southwest Virginia Association of REALTORS® MLS, and Northern Neck Association of Realtors MLS for the period 07/01/2023 - 07/01/2025

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the SW VA Association of REALTORS® Multiple Listing Service. The SWVAR IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. The information being provided is 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. Information herein is deemed reliable but not guaranteed, representations are approximate, individual verifications are recommended. Copyright 2025 Southwest Virginia 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: 7/16/2025, 3:45:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
© 2025 Northern Neck Association of Realtors MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of NNMLS. Information is for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/16/2025, 3:45:38 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.