Is Amsterdam, 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, Amsterdam was a Seller's Market.
Housing Prices in Amsterdam, VA
How much do homes in Amsterdam, VA cost?
Median Sold Price
$523,500
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Amsterdam was $523,500 in May 2024, up 17.9% from last year, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $282.4K | $327.5K | +15.9% |
3 Bedrooms | $329K | $327.5K | -0.5% |
4 Bedrooms | $515K | $599.9K | +16.5% |
5+ Bedrooms | $600K | $596K | -0.7% |
Summary: Amsterdam 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 15.9%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes increased by 16.5%, and 5+ bedroom homes decreased by 0.7%.
Median Sold Price Compared To Nearby Cities
Daleville | $395K | $500K | +26.6% |
Amsterdam | $444K | $523.5K | +17.9% |
Valley | $338.7K | $351.2K | +3.7% |
Troutville | $335K | $319.9K | -4.5% |
Cloverdale | $311.9K | $194K | -37.8% |
Housing Supply in Amsterdam, VA
How many homes are available in Amsterdam, VA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
20 | 28 | +40.0% |
Summary: The Amsterdam real estate market had 28 homes for sale in May 2024, a 40.0% 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 | 6 | 7 | +16.7% |
3 Bedrooms | 7 | 8 | +14.3% |
4 Bedrooms | 5 | 9 | +80.0% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Amsterdam 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 16.7%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 80%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
7 | 1 | -85.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Amsterdam in May 2024, down by 85.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Amsterdam, VA
We’re sorry, we don't have information for this market at the moment