Is Staunton River, 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, Staunton River has remained a Seller's Market.
Key Takeaway
Staunton River is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Staunton River, VA
How much do homes in Staunton River, VA cost?
Median Sold Price
$199,900
$121/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Staunton River have sold for 16.2% more than they did a year ago.
Summary: The median home sold price in Staunton River was $199,900 in April 2024, up 16.2% from last year, and the median price per square foot was $121.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $35K | - | N/A |
| 2 Bedrooms | $145.4K | $181K | +24.5% |
| 3 Bedrooms | $184.5K | $190K | +3.0% |
| 4 Bedrooms | $262.4K | $220K | -16.2% |
| 5+ Bedrooms | $274.3K | $301K | +9.7% |
Summary: Staunton River housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 24.5%, 3 bedroom homes increased by 3%, 4 bedroom homes decreased by 16.2%, and 5+ bedroom homes increased by 9.7%.
Median Sold Price Compared To Nearby Cities
| Callands-Gretna | $208.7K | $284.9K | +36.5% |
| Hurt | $160K | $194.9K | +21.8% |
| Staunton River | $172K | $199.9K | +16.2% |
| Altavista | $190K | $215K | +13.2% |
Housing Supply in Staunton River, VA
How many homes are available in Staunton River, VA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 14 | 16 | +14.3% |
Summary: The Staunton River real estate market had 16 homes for sale in April 2024, a 14.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 0 | 4 | +100.0% |
| 3 Bedrooms | 8 | 5 | -37.5% |
| 4 Bedrooms | 3 | 5 | +66.7% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Staunton River housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 37.5%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 5 | -37.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Staunton River, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in Staunton River in April 2024, down by 37.5% month-over-month. Of the 5 sold homes, 40% were sold under asking, 60% were sold at asking, and 0% were sold over asking.
Days on Market for Staunton River, VA
How long does it take to sell a home in Staunton River, VA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 58 Days | 50 Days | -13.1% |
Summary: Homes in Staunton River had an average of 50 days on market in Apr 2024, down by 13.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Staunton River has remained consistent over time.
Summary: During April 2024, 5 homes were sold in Staunton River; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this web site does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed regularly, but its accuracy is subject to market changes. 
Copyright © 2024 Triad Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.