Housing Prices in North West, VA

How much do homes in North West, VA cost?

Median List Price

$345,000

$211/sqft

Based on all homes listed in May 2024.

Difference Since Last Month

+$5,366(+1.6%)

Key Takeaway

The list price of homes in North West has increased by 1.6% since April.

Summary: The median home list price in North West was $345,000 in May 2024, up 1.6% from the previous month, and the median price per square foot was $211.

Median List Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 $264.9K$264.9K
0.0%
2 $215.5K$225K
+4.4%
3 $338.7K$340K
0.4%
4 $397.5K$380K
-4.4%
5+ $626.5K$604.5K
-3.5%

Summary: North West housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.4%, 3 bedroom homes increased by 0.4%, 4 bedroom homes decreased by 4.4%, and 5+ bedroom homes decreased by 3.5%.

Median List Price Compared To Nearby Neighborhoods

Lynnwood
+7.5%
Pembroke
+2.4%
North West
+1.6%
Pembroke
0.3%
Thoroughgood
-8.7%

Housing Supply in North West, VA

How many homes are available in North West, VA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
247273+10.5%

Summary: The North West real estate market had 273 homes for sale in May 2024, a 10.5% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 33
0.0%
2 5859
+1.7%
3 108130
+20.4%
4 5653
-5.4%
5+ 2228
+27.3%

Summary: The North West 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 1.7%, 3 bedroom homes increased by 20.4%, 4 bedroom homes decreased by 5.4%, and 5+ bedroom homes increased by 27.3%.

Days on Market for North West, VA

How long does it take to sell a home in North West, VA?

Average Listing Age

Apr 2024May 2024CHANGE
50 Days48 Days-5.1%

Summary: Homes in North West had an average listing age of 48 days in May 2024, down by 5.1% compared to the previous month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 9 Days Ago

Newest Listings in North West, VA

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