Is Windsor Hills, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Windsor Hills has remained a Seller's Market.
Key Takeaway
Windsor Hills is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Windsor Hills, VA
How much do homes in Windsor Hills, VA cost?
Median Sold Price
$379,000
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Windsor Hills have sold for 7.2% more than they did a year ago.
Summary: The median home sold price in Windsor Hills was $379,000 in May 2024, up 7.2% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $125.5K | - | N/A |
| 2 Bedrooms | $224.4K | $269.9K | +20.2% |
| 3 Bedrooms | $293K | $300K | +2.4% |
| 4 Bedrooms | $380K | $401K | +5.5% |
| 5+ Bedrooms | $699.9K | $705K | +0.7% |
Summary: Windsor Hills 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 20.2%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes increased by 0.7%.
Median Sold Price Compared To Nearby Cities
| Salem | $270K | $295K | +9.3% |
| Salem | $275K | $295.2K | +7.3% |
| Windsor Hills | $353.6K | $379K | +7.2% |
| Cave Spring | $319.9K | $315.5K | -1.4% |
Housing Supply in Windsor Hills, VA
How many homes are available in Windsor Hills, VA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 89 | 116 | +30.3% |
Summary: The Windsor Hills real estate market had 116 homes for sale in May 2024, a 30.3% 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 | 4 | 6 | +50.0% |
| 3 Bedrooms | 36 | 48 | +33.3% |
| 4 Bedrooms | 34 | 44 | +29.4% |
| 5+ Bedrooms | 15 | 18 | +20.0% |
Summary: The Windsor Hills 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 50%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 29.4%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 23 | 23 | 0.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Windsor Hills, expect to pay close to the asking price. 39.1% of homes here sold near the asking price last month.
Summary: A total of 23 homes were sold or pending in Windsor Hills in May 2024, the same as the previous month. Of the 23 sold homes, 35% were sold under asking, 39% were sold at asking, and 26% were sold over asking.
Days on Market for Windsor Hills, VA
How long does it take to sell a home in Windsor Hills, VA?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Windsor Hills are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 23 homes were sold in Windsor Hills; 4% of homes were sold within 30 days, 0% 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.