Is Catawba, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Catawba has remained a Seller's Market.
Housing Prices in Catawba, VA
How much do homes in Catawba, VA cost?
Median Sold Price
$307,250
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Catawba was $307,250 in April 2024, up 10.9% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $75.4K | $273.5K | +262.4% |
2 Bedrooms | $176.2K | $178K | +1.0% |
3 Bedrooms | $255K | $270K | +5.9% |
4 Bedrooms | $300.5K | $374.9K | +24.8% |
5+ Bedrooms | $435K | $461.5K | +6.1% |
Summary: Catawba housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 262.4%, 2 bedroom homes increased by 1%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 24.8%, and 5+ bedroom homes increased by 6.1%.
Median Sold Price Compared To Nearby Cities
Roanoke | $224.6K | $260K | +15.7% |
Salem | $258.9K | $294.9K | +13.9% |
Catawba | $277K | $307.2K | +10.9% |
Salem | $270K | $294.9K | +9.2% |
Windsor Hills | $352K | $379K | +7.7% |
Housing Supply in Catawba, VA
How many homes are available in Catawba, VA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
112 | 124 | +10.7% |
Summary: The Catawba real estate market had 124 homes for sale in April 2024, a 10.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 7 | 7 | 0.0% |
3 Bedrooms | 62 | 64 | +3.2% |
4 Bedrooms | 36 | 42 | +16.7% |
5+ Bedrooms | 6 | 11 | +83.3% |
Summary: The Catawba housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 83.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
26 | 23 | -11.5% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in Catawba in April 2024, down by 11.5% month-over-month. Of the 23 sold homes, 43% were sold under asking, 22% were sold at asking, and 35% were sold over asking.
Days on Market for Catawba, VA
We’re sorry, we don't have information for this market at the moment