The 24501 housing market is very competitive. The median sale price of a home in 24501 was $208K last month, down 4.6% since last year. The median sale price per square foot in 24501 is $160, down 8.0% since last year.
In April 2024, 24501 home prices were down 4.6% compared to last year, selling for a median price of $208K. On average, homes in 24501 sell after 19 days on the market compared to 14 days last year. There were 125 homes sold in April this year, up from 108 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$208,000
-4.6% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
24501, VA
$208,000
-4.6%
United States
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How hot is the 24501 housing market?
24501 is very competitive. Homes sell in 9 days.
0
100
71
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% below list price and go pending in around 9 days.
Hot homes
can sell for about 1% above list price and go pending in around 2 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 24501 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 24501.
Risk Factor
Flood Factor - Moderate
8% of properties are at risk of severe flooding over the next 30 years
Flood Factor
24501 has a moderate risk of flooding. 842 properties in 24501 are likely to be
severely affected
by flooding over the next 30 years. This represents 8% of all properties in 24501. Flood risk is increasing slower than the national average.
69% of properties are at risk of wildfire over the next 30 years
Fire Factor
24501 has a moderate risk of wildfire. There are 8,831 properties in 24501 that have some risk of being affected by wildfire over the next 30 years. This represents 69% of all properties in 24501.
99% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
24501 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 24501 is most at risk from hurricanes. 12,542 properties in 24501 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 54 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 64 mph.