Innovation, VA

Balanced market

Housing market overview · Updated weekly

$511,715median sale price

Homes sold

1

Last 12 weeks

Days on market

10

Fast-moving

Active listings

19

19.0 months supply

Sale-to-list

104.1%

Above asking

The Innovation housing market is currently classified as a balanced market with a median sale price of $511,715. Prices have fallen 0.0% compared to last year, with homes spending an average of 10 days on market, indicating 19.0 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 Innovation

There are currently 19 homes listed for sale in Innovation, Virginia. The median listing price is $633K.

Active listings

19

Homes on market

Median list price

$633K

Avg. days on market

10

Days until sale

New this week

16

Newly listed

Price drops:10.5%of listings
Sale-to-list:104.1%

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Frequently asked questions

What is the average home price in Innovation?

The median home sale price in Innovation is $511,715, down 0.0% from last year.

How long do homes stay on market in Innovation?

Homes typically spend 10 days on market before going under contract.

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

With 19.0 months of supply, Innovation is currently a balanced market.

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