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Penhook Home Values and Market Report

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Report prepared by Roanokepropertiesforsale.com Red Key Realty

Market at a glance

Over the last 12 months, homes sold for 94.0% of list price in 73 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $1.23M Sold · $1.11M
$2.4M$1.7M$1M$300K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 7 sales in Nov. Last month: 5.

Where the market stands

All homes in this report, by status.

113homes
Active54 · 48%
Under contract7 · 6%
Sold (12 mo)52 · 46%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

10.5months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$920K
Under contract$1.1M
Sold$1.1M

Average days on market

Active353 days
Under contract98 days
Sold73 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 54
Average list price $920,422
Avg. days on market 353 days
Avg. price per ft² $398 Based on 28 of 54 homes
Avg. living area 3,312 ft² Based on 28 of 54 homes
Avg. beds / baths 3.9 / 3.9

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

26 homes didn’t report living area and aren’t shown.

$6M$4M$2M$0

Price vs. living area: 28 homes plotted, up to $6M and 9,000 ft².

0 ft²3,0006,0009,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

26 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

289 Anthony Ford Rd$785
250 Mountain Vista Dr$750
197 Mountain Shore Dr$620
176 Three Point Isle Dr$616
6015 Smith Mountain Rd$604
104 Mountain Gln Dr$580
255 Upland Shores Dr$541

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
127 Village Green DrPenhook, VA 24137 221,416$549,900$3882 days
250 Mountain Vista DrPenhook, VA 24137 884,650$3,490,000$7506 days
200 Walker RdPenhook, VA 24137 321,660$242,500$14613 days
6 Low Country DrPenhook, VA 24137 453,221$1,499,000$46518 days
615 Edwards RdPenhook, VA 24137 321,232$225,000$18227 days
6536 Circle Creek RdPenhook, VA 24137 211,548$215,000$13829 days
255 Upland Shores DrPenhook, VA 24137 554,241$2,295,000$54137 days
289 Anthony Ford RdPenhook, VA 24137 321,464$1,150,000$78537 days
405 Mountain Shore DrPenhook, VA 24137 ———$35,000—41 days
1A & 2B 1a & RdPenhook, VA 24137 ———$99,000—41 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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