Grottoes, VA

Leaning buyer's+18.2% YoY

Housing market overview · Updated weekly

$314,500median sale price

Homes sold

2

Last 12 weeks

Days on market

79

Average pace

Active listings

11

5.5 months supply

Sale-to-list

101.1%

Above asking

The Grottoes housing market is currently classified as a leaning buyer's with a median sale price of $314,500. Prices have risen 18.2% compared to last year, with homes spending an average of 79 days on market, indicating 5.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Grottoes

There are currently 11 homes listed for sale in Grottoes, Virginia. The median listing price is $317K.

Active listings

11

Homes on market

Median list price

$317K

Avg. days on market

79

Days until sale

New this week

10

Newly listed

Price drops:18.2%of listings
Sale-to-list:101.1%

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Frequently asked questions

What is the average home price in Grottoes?

The median home sale price in Grottoes is $314,500, up 18.2% from last year.

How long do homes stay on market in Grottoes?

Homes typically spend 79 days on market before going under contract.

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

With 5.5 months of supply, Grottoes is currently a leaning buyer's.

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