The Grottoes housing market is very competitive. The median sale price of a home in Grottoes was $277K last month, down 7.3% since last year. The median sale price per square foot in Grottoes is $197, up 10.6% since last year.
What is the housing market like in Grottoes today?
In October 2024, Grottoes home prices were down 7.3% compared to last year, selling for a median price of $277K. On average, homes in Grottoes sell after 26 days on the market compared to 32 days last year. There were 4 homes sold in October this year, up from 4 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$277,375
-7.3% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Grottoes, VA
$277,375
-7.3%
United States
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How hot is the Grottoes housing market?
Grottoes is very competitive. Homes sell in 23 days.
0
100
80
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 9 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 23 days.
Hot homes
can sell for about 1% above list price and go pending in around 6 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 Grottoes housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Grottoes.
Flood Factor - Minor
33% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Grottoes has a minor risk of flooding. 978 properties in Grottoes are likely to be
severely affected
by flooding over the next 30 years. This represents 33% of all properties in Grottoes. Flood risk is increasing slower than the national average.
97% of properties are at risk of wildfire over the next 30 years
Fire Factor
Grottoes has a moderate risk of wildfire. There are 4,276 properties in Grottoes that have some risk of being affected by wildfire over the next 30 years. This represents 97% of all properties in Grottoes.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Grottoes has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Grottoes is most at risk from hurricanes. 4,377 properties in Grottoes 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 50 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 55 mph.