Abingdon, VA

Buyer's market-39.9% YoY

Housing market overview · Updated weekly

$215,000median sale price

Homes sold

5

Last 12 weeks

Days on market

39

Average pace

Active listings

34

6.8 months supply

Sale-to-list

90.3%

Below asking

The Abingdon housing market is currently classified as a buyer's market with a median sale price of $215,000. Prices have fallen 39.9% compared to last year, with homes spending an average of 39 days on market, indicating 6.8 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Abingdon

There are currently 34 homes listed for sale in Abingdon, Virginia. The median listing price is $239K.

Active listings

34

Homes on market

Median list price

$239K

Avg. days on market

39

Days until sale

New this week

5

Newly listed

Price drops:17.6%of listings
Sale-to-list:90.3%

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Frequently asked questions

What is the average home price in Abingdon?

The median home sale price in Abingdon is $215,000, down 39.9% from last year.

How long do homes stay on market in Abingdon?

Homes typically spend 39 days on market before going under contract.

Is Abingdon a buyer's or seller's market?

With 6.8 months of supply, Abingdon is currently a buyer's market.

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