Jewell Ridge, VA Home Values & Market Trends

Real estate market trends reflect that there have been 8 transactions over the past year in Jewell Ridge. The median value for residential home transactions that occurred over the previous year is $62,851.83. The number of current listings in Jewell Ridge is 1, and the percentage of properties for sale in the city is 1.00%. Jewell Ridge, VA currently has 2 properties in foreclosure, 0 bank owned properties, 2 properties headed for auction, and 1 properties for sale.

Jewell Ridge, VA Real Estate Market Overview

ZipMedian Est. Value
24622

$ 44,823

$ 39/sqft

Housing Market Summary for Jewell Ridge, VA

Apr 2023March 2024Change
Median Listing Price$86,900$75,689-12.90%
Median Sold Price$34,006.5$75,689122.57%
Homes For Sale11-
Homes Sold4775.00%
Price
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Homes For Sale
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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%.

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Browse Homes in Jewell Ridge, VA

Jewell Ridge home values range from $10,500 to $324,220. The median estimated value of a home in Jewell Ridge is $62,851.83. The median list price of a home is 105,000, and the total count of properties in the city is 484.

Foreclosure
There is 1 zips within Jewell Ridge, VA; within this zips, the median estimated home value for homes in foreclosure ranges from $96,911 in 24622 to the lowest value of $92,000 in 24622. Foreclosure homes account for 0.00% of properties in Jewell Ridge, VA with 24622 containing 2 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Jewell Ridge, 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 Jewell Ridge, 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 Jewell Ridge, 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 Jewell Ridge, VA. There is 1 zips within Jewell Ridge, VA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    24622 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Jewell Ridge, VA. Auction homes and other auction properties account for 0.41% of all properties in Jewell Ridge, VA. There is 1 zips within Jewell Ridge, VA; of that zips, the median estimated home value for homes going to auction ranges from $96,911 in 24622 to the lowest value of $92,000 in 24622.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.21% of residential properties in Jewell Ridge, VA with 24622 containing 1 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Jewell Ridge, VA; homes for sale in that zips, have a range of median values from $44,823 in 24622 to the lowest value of $44,823 in 24622.
    Sold Homes
    The median value for recently sold homes ranges from $127,019 in 24622 to the lowest price of $46,182 in 24622. There is 1 zips within Jewell Ridge, VA. 24622 has 3 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 0.62% of properties in Jewell Ridge, VA.

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      Guide for Jewell Ridge, VA

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      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
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      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 Jewell Ridge, VA

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