Is Chickahominy, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Chickahominy has remained a Seller's Market.
Housing Prices in Chickahominy, VA
How much do homes in Chickahominy, VA cost?
Median Sold Price
$489,900
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Chickahominy was $489,900 in May 2024, up 6.3% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $380K | $270K | -28.9% |
3 Bedrooms | $400K | $403K | +0.8% |
4 Bedrooms | $515K | $513.3K | -0.3% |
5+ Bedrooms | $587.9K | $599.9K | +2.0% |
Summary: Chickahominy housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 28.9%, 3 bedroom homes increased by 0.8%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes increased by 2%.
Median Sold Price Compared To Nearby Cities
Fairfield | $306K | $333.4K | +9.0% |
Chickahominy | $460.9K | $489.9K | +6.3% |
Henry | $416K | $441.5K | +6.1% |
Glen Allen | $460K | $485K | +5.4% |
Mechanicsville | $410K | $429.9K | +4.9% |
Housing Supply in Chickahominy, VA
How many homes are available in Chickahominy, VA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
87 | 94 | +8.0% |
Summary: The Chickahominy real estate market had 94 homes for sale in May 2024, a 8.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 29 | 30 | +3.4% |
4 Bedrooms | 39 | 40 | +2.6% |
5+ Bedrooms | 19 | 24 | +26.3% |
Summary: The Chickahominy housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 26.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
11 | 30 | +172.7% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 30 homes were sold or pending in Chickahominy in May 2024, up by 172.7% month-over-month. Of the 30 sold homes, 37% were sold under asking, 17% were sold at asking, and 47% were sold over asking.
Days on Market for Chickahominy, VA
How long does it take to sell a home in Chickahominy, VA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
12 Days | 17 Days | +37.8% |
Summary: Homes in Chickahominy had an average of 17 days on market in May 2024, up by 37.8% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 30 homes were sold in Chickahominy; 80% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.