Newsoms, VA

Balanced market+12.4% YoY

Housing market overview · Updated weekly

$89,900median sale price

Homes sold

1

Last 12 weeks

Days on market

100

Average pace

Active listings

2

2.0 months supply

Sale-to-list

94.8%

Below asking

The Newsoms housing market is currently classified as a balanced market with a median sale price of $89,900. Prices have risen 12.4% compared to last year, with homes spending an average of 100 days on market, indicating 2.0 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 Newsoms

There are currently 2 homes listed for sale in Newsoms, Virginia.

Active listings

2

Homes on market

Avg. days on market

100

Days until sale

Price drops:50.0%of listings
Sale-to-list:94.8%

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Frequently asked questions

What is the average home price in Newsoms?

The median home sale price in Newsoms is $89,900, up 12.4% from last year.

How long do homes stay on market in Newsoms?

Homes typically spend 100 days on market before going under contract.

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

With 2.0 months of supply, Newsoms is currently a balanced market.

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