New - 6 days on RocketBackup offers
$2,672 Closing Credit¹
#95570, Vickie Stamper, Listing Office: Appalachian Realty Co.
Royal Oak Housing Market Report December 2024•Smyth County, Virginia
Housing Prices in Royal Oak, VA
How much do homes in Royal Oak, VA cost?
Median List Price
$129,900$102/SqFt
Based on all homes listed in December 2024
Insight
The list price of homes in Royal Oak has remained the same since November.
Summary: The median home list price in Royal Oak was $129,900 in December 2024, the same as the previous month, and the median price per square foot was $102.
Median List Price By Bedrooms
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $115K | $115K | 0.0% |
| 33 Bedrooms | $129.9K | $129.9K | 0.0% |
| 44 Bedrooms | $150K | $150K | 0.0% |
| 55+ Bedrooms | - | - | N/A |
Summary: Royal Oak housing price by bedroom type for December 2024, 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 did not change. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.
Housing supply in Royal Oak, VA
How many homes are available in Royal Oak, VA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 3Last MonthDec 2024 | ||
| 32 months agoNov 2024 | 0.0 % Change MoMNov – Dec |
Summary: The Royal Oak real estate market had 3 homes for sale in Dec 2024, the same as Nov 2024
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 1 | 1 | 0.0% |
| 33 Bedrooms | 1 | 1 | 0.0% |
| 44 Bedrooms | 1 | 1 | 0.0% |
| 55+ Bedrooms | 0 | 0 | 0.0% |
Summary: Royal Oak 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 remained the same. 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 Royal Oak, VA cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price1 Home
Insight
If you're buying a home in Royal Oak, 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 Royal Oak in December 2024, up by 100.0% month-over-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 Royal Oak, VA
How long does it take to sell a home in Royal Oak, VA?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days0 Home
Over 90 Days1 Home
Insight
Most homes in Royal Oak are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During December 2024, 1 homes were sold in Royal Oak; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
Average Listing Age
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 134 DaysLast MonthDec 2024 | ||
| 114 Days1 month agoNov 2024 | +18.1 % Change MoMNov – Dec |
Summary: Homes in Royal Oak had an average listing age of 134 days in Dec 2024, up by 18.1% compared to the previous month.
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Newest Listings in Royal Oak, VA
What homes are available in Royal Oak, VA?
New - 6 days on RocketBackup offers
$1,722 Closing Credit¹
#93166, Courtney Umbarger, Listing Office: Uptown Properties LLC
$441 Closing Credit¹
#9975261, Debra Ball, Listing Office: Prestige Homes of the Tri Cities, Inc.
$10,000 Closing Credit¹
#9974659, Jim Griffin, Christopher Abla, Listing Office: LPT Realty - Griffin Home Group
#9973398, Brenda Thompson, Listing Office: eXp Realty VA
$1,366 Closing Credit¹
#9973098, Hannah Powell, Listing Office: Weichert Realtors Saxon Clark KPT
#9972333, Logan Tolbert, Listing Office: Century 21 Diamond Real Estate
#9970542, Debra Perry / ABR, e-PRO, GRI, Listing Office: Park Hill Realty Group, LLC
Nearby markets
Nearby markets aren't available for Royal Oak, VA
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MLS Disclaimers and Copyright
Based on information from Tennessee Virginia Regional MLS, and Southwest Virginia Association of REALTORS® MLS for the period 11/01/2024 - 01/01/2025
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Tennessee Virginia Regional MLS. IDX 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. Real estate listings held by brokerage firms other than this brokerl, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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: 1/30/2025, 9:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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: 1/30/2025, 9:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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: 1/30/2025, 9:15:58 AM 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: 1/30/2025, 9:15:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.