Is Buena Vista, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Buena Vista was a Seller's Market.
Housing Prices in Buena Vista, VA
How much do homes in Buena Vista, VA cost?
Median Sold Price
$239,500
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Buena Vista was $239,500 in May 2024, up 37.6% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $129.9K | $247.5K | +90.4% |
3 Bedrooms | $178K | $236K | +32.6% |
4 Bedrooms | $314.9K | $259K | -17.7% |
5+ Bedrooms | $436.8K | - | N/A |
Summary: Buena Vista housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 90.4%, 3 bedroom homes increased by 32.6%, 4 bedroom homes decreased by 17.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Buena Vista | $174K | $239.5K | +37.6% |
Petsworth | $290K | $338.5K | +16.7% |
Housing Supply in Buena Vista, VA
How many homes are available in Buena Vista, VA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
18 | 22 | +22.2% |
Summary: The Buena Vista real estate market had 22 homes for sale in May 2024, a 22.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 2 | +100.0% |
3 Bedrooms | 13 | 14 | +7.7% |
4 Bedrooms | 3 | 4 | +33.3% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Buena Vista housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 3 | -25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Buena Vista in May 2024, down by 25.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Buena Vista, VA
How long does it take to sell a home in Buena Vista, VA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
10 Days | 89 Days | +752.4% |
Summary: Homes in Buena Vista had an average of 89 days on market in May 2024, up by 752.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in Buena Vista; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.