Long Island, VA Home Values & Market Trends
Real estate market trends reflect that there have been 20 transactions over the past year in Long Island. The median value for residential home transactions that occurred over the previous year is $151,742. The number of current listings in Long Island is 1, and the percentage of properties for sale in the city is 1.00%. Long Island, VA currently has 0 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 1 properties for sale.
Long Island, VA Real Estate Market Overview
Zip | Median Est. Value |
---|---|
24569 | $ 77,731 $ 90/sqft |
Housing Market Summary for Long Island, VA
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $0 | $245.5K | - |
Median Sold Price | $325K | $245.5K | -24.45% |
Homes For Sale | 0 | 2 | - |
Homes Sold | 4 | 8 | 100.00% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Long Island, VA
Browse Homes in Long Island, VA
Long Island home values range from $9,460 to $2,197,696. The median estimated value of a home in Long Island is $151,742. The median list price of a home is 128,000, and the total count of properties in the city is 527.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Long Island, VA with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Long Island, VA; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Long Island, VA ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Long Island, VA. There is 1 zips within Long Island, VA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Long Island, VA. Auction homes and other auction properties account for 0% of all properties in Long Island, VA. There is 1 zips within Long Island, VA; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
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More Real Estate Resources for Long Island, VA
Guide for Long Island, VA
Richmond’s real estate market shows consistent growth, with trends indicating increasing property values and demand.
A glance at the real estate market in Norfolk, Virginia, highlighting rising property values, increasing desirability, and trends in nearby cities.
The Chesapeake real estate market has seen steady growth in property values, increasing by 7% over 11 months.
The property market in Virginia Beach, VA, has generally seen an increase in property values, per square foot values, and sold prices from 2022 to 2023. Factors such as economic growth and societal changes may contribute to this upward trend.