The Old Town housing market is very competitive. The median sale price of a home in Old Town was $1.1M last month, up 10.6% since last year. The median sale price per square foot in Old Town is $643, up 6.0% since last year.
What is the housing market like in Old Town today?
In April 2024, Old Town home prices were up 10.6% compared to last year, selling for a median price of $1.1M. On average, homes in Old Town sell after 19 days on the market compared to 34 days last year. There were 81 homes sold in April this year, up from 74 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,105,000
+10.6% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Old Town, VA
$1,105,000
+10.6%
United States
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How hot is the Old Town housing market?
Old Town is very competitive. Homes sell in 17 days.
0
100
79
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 17 days.
Hot homes
can sell for about 5% above list price and go pending in around 5 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Old Town housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Old Town.
Risk Factor
Flood Factor - Severe
49% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Old Town has a severe risk of flooding. 1,235 properties in Old Town are likely to be
severely affected
by flooding over the next 30 years. This represents 49% of all properties in Old Town. Flood risk is increasing slower than the national average.
73% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Old Town has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Old Town is most at risk from hurricanes. 2,572 properties in Old Town have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 79 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 93 mph.