Is Independence, VA 24348 a buyer’s or seller’s market?
Independence is a buyer’s market. With about 7.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.
Months of supply7.8Under 4 months = seller’s market
Sold above original list22.2%Share of sales, last 3 months
Median sale-to-list97.7%Sold price ÷ list price
Median days on market61Listing to accepted offer
Median price per sq ft$173▲ +9.3% vs. last year
Run the numbers for 24348
Nearby markets
Elk Creek 24326Buyer’s market $187 /sq ftFries 24330Buyer’s market $172 /sq ftGalax 24333Seller’s market $147 /sq ftMouth Of Wilson 24363Seller’s market $313 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology