24572 Home Values & Market Trends
There are 22 homes currently listed for 24572. 24572 real estate market trends show that home prices range from $74,900 to $1,145,000, and the median sales price in the 24572 zip code is $218,894.15. The total number of properties sold within the past twelve months is 253. In 24572, 5 properties are in foreclosure, 1 are bank owned properties,and 4 are headed for auction.
Housing Market Summary for 24572
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $244.5K | $212.6K | -13.05% |
| Median Sold Price | $210.5K | $212.6K | 1.00% |
| Homes For Sale | 10 | 21 | 110.00% |
| Homes Sold | 109 | 126 | 15.60% |
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 24572
Browse Homes in 24572
The median list price of a home in Madison Heights, is $218,894.15. A total of 22 properties are for sale, and the percentage of properties for sale in the zip code is 22.00%. The total count of 24572 properties is 6,461.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 24572 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 24572; of that cities, 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 24572 ranges from the highest value of $315,399 in madison heights to the lowest value of $315,399 in madison heights. Bank owned homes and properties account for 0.02% of properties in 24572. There is 1 cities within 24572; madison heights containing 1 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsmadison heights has 4 auction properties, the highest number of properties going to auction in a single city in the state of 24572. Auction homes and other auction properties account for 0.06% of all properties in 24572. There is 1 cities within 24572; of that cities, the median estimated home value for homes going to auction ranges from $252,004 in madison heights to the lowest value of $113,175 in madison heights.
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Guide for 24572
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A glance at the real estate market in Norfolk, Virginia, highlighting rising property values, increasing desirability, and trends in nearby cities.
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