Rural Retreat, VA Home Values & Market Trends

Real estate market trends reflect that there have been 89 transactions over the past year in Rural Retreat. The median value for residential home transactions that occurred over the previous year is $183,380.29. The number of current listings in Rural Retreat is 13, and the percentage of properties for sale in the city is 13.00%. Rural Retreat, VA currently has 3 properties in foreclosure, 0 bank owned properties, 3 properties headed for auction, and 13 properties for sale.

Rural Retreat, VA Real Estate Market Overview

ZipMedian Est. Value
24368

$ 171,775

$ 128/sqft

Housing Market Summary for Rural Retreat, VA

Apr 2023March 2024Change
Median Listing Price$315K$145.5K-53.81%
Median Sold Price$185K$145.5K-21.35%
Homes For Sale91344.44%
Homes Sold33369.09%
Price
$/Sqft
Homes For Sale
0
0

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%.

0
0

Browse Homes in Rural Retreat, VA

Rural Retreat home values range from $16,120 to $4,787,383. The median estimated value of a home in Rural Retreat is $183,380.29. The median list price of a home is 195,000, and the total count of properties in the city is 2,121.

Foreclosure
There is 1 zips within Rural Retreat, VA; within this zips, the median estimated home value for homes in foreclosure ranges from $238,535 in 24368 to the lowest value of $89,566 in 24368. Foreclosure homes account for 0.00% of properties in Rural Retreat, VA with 24368 containing 3 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Rural Retreat, 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 Rural Retreat, 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 Owned
    The median estimated home value of bank owned homes (REO properties) in Rural Retreat, 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 Rural Retreat, VA. There is 1 zips within Rural Retreat, VA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    24368 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Rural Retreat, VA. Auction homes and other auction properties account for 0.14% of all properties in Rural Retreat, VA. There is 1 zips within Rural Retreat, VA; of that zips, the median estimated home value for homes going to auction ranges from $238,535 in 24368 to the lowest value of $89,566 in 24368.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.61% of residential properties in Rural Retreat, VA with 24368 containing 13 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Rural Retreat, VA; homes for sale in that zips, have a range of median values from $275,280 in 24368 to the lowest value of $74,631 in 24368.
    Sold Homes
    The median value for recently sold homes ranges from $2,423,520 in 24368 to the lowest price of $19,550 in 24368. There is 1 zips within Rural Retreat, VA. 24368 has 41 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.93% of properties in Rural Retreat, VA.

      Compare Nearby Cities

      Price
      $/Sqft
      Homes For Sale
      0
      0
      Rural Retreat, VA
      $
      $

      Guide for Rural Retreat, VA

      Market Reports
      Richmond Real Estate on the Rise: Property Values Up 7% from 2023 to 2024
      Market Reports
      Steady Growth Marks Norfolk Real Estate Landscape; Property Value Reaches $315K in March 2024
      Market Reports
      Chesapeake Property Values Rise 7%, Sales Dynamics Vary in Recent Analysis
      Market Reports
      Virginia Beach House Values Show Impressive Uptrend: Average Value Soars from $375k to $405k in 2023
      See More Articles
      Richmond Real Estate on the Rise: Property Values Up 7% from 2023 to 2024
      Market Reports|posted 1 April 2024

      Richmond’s real estate market shows consistent growth, with trends indicating increasing property values and demand.

      Steady Growth Marks Norfolk Real Estate Landscape; Property Value Reaches $315K in March 2024
      Market Reports|posted 25 March 2024

      A glance at the real estate market in Norfolk, Virginia, highlighting rising property values, increasing desirability, and trends in nearby cities.

      Chesapeake Property Values Rise 7%, Sales Dynamics Vary in Recent Analysis
      Market Reports|posted 20 March 2024

      The Chesapeake real estate market has seen steady growth in property values, increasing by 7% over 11 months.

      Virginia Beach House Values Show Impressive Uptrend: Average Value Soars from $375k to $405k in 2023
      Market Reports|posted 13 February 2024

      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.

      Recently Listed Homes Rural Retreat, VA

      No data to show