Is Vinton, 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, Vinton has remained a Seller's Market.
Key Takeaway
Vinton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Vinton, VA
How much do homes in Vinton, VA cost?
Median Sold Price
$285,000
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Vinton have sold for 14.5% more than they did a year ago.
Summary: The median home sold price in Vinton was $285,000 in April 2024, up 14.5% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $145.5K | - | N/A |
| 2 Bedrooms | $194.2K | $186.2K | -4.1% |
| 3 Bedrooms | $239.9K | $270K | +12.5% |
| 4 Bedrooms | $296K | $325K | +9.8% |
| 5+ Bedrooms | $343K | $355K | +3.5% |
Summary: Vinton 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 decreased by 4.1%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes increased by 3.5%.
Median Sold Price Compared To Nearby Cities
| Hardy | $345K | $412K | +19.4% |
| Vinton | $239.9K | $285.1K | +18.8% |
| Vinton | $249K | $285K | +14.5% |
| Goodview | $305K | $340K | +11.5% |
| Blue Ridge | $285K | $310K | +8.8% |
Housing Supply in Vinton, VA
How many homes are available in Vinton, VA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 59 | 83 | +40.7% |
Summary: The Vinton real estate market had 83 homes for sale in April 2024, a 40.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 7 | +600.0% |
| 3 Bedrooms | 33 | 38 | +15.2% |
| 4 Bedrooms | 24 | 33 | +37.5% |
| 5+ Bedrooms | 1 | 5 | +400.0% |
Summary: The Vinton 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 600%, 3 bedroom homes increased by 15.2%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes increased by 400%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 13 | 17 | +30.8% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Vinton, you could pay more than the asking price. 41.2% of homes here sold above asking price last month.
Summary: A total of 17 homes were sold or pending in Vinton in April 2024, up by 30.8% month-over-month. Of the 17 sold homes, 35% were sold under asking, 24% were sold at asking, and 41% were sold over asking.
Days on Market for Vinton, VA
We’re sorry, we don't have information for this market at the moment
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.