Is Samuel Miller, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Samuel Miller was a Neutral Market.
Key Takeaway
Samuel Miller is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Samuel Miller, VA
How much do homes in Samuel Miller, VA cost?
Median Sold Price
$615,000
$300/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Samuel Miller have sold for 11.5% less than they did a month ago.
Summary: The median home sold price in Samuel Miller was $615,000 in April 2024, down 11.5% from last month, and the median price per square foot was $300.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $565K | $510K | -9.7% |
| 4 Bedrooms | $777.5K | $620K | -20.3% |
| 5+ Bedrooms | $765K | $889.5K | +16.3% |
Summary: Samuel Miller housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 9.7%, 4 bedroom homes decreased by 20.3%, and 5+ bedroom homes increased by 16.3%.
Median Sold Price Compared To Nearby Cities
| Jack Jouett | $514.2K | $547.6K | +6.5% |
| Charlottesville | $545K | $562.7K | +3.3% |
| Samuel Miller | $695K | $615K | -11.5% |
Housing Supply in Samuel Miller, VA
How many homes are available in Samuel Miller, VA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 50 | 65 | +30.0% |
Summary: The Samuel Miller real estate market had 65 homes for sale in April 2024, a 30.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 7 | +250.0% |
| 3 Bedrooms | 18 | 20 | +11.1% |
| 4 Bedrooms | 18 | 22 | +22.2% |
| 5+ Bedrooms | 12 | 16 | +33.3% |
Summary: The Samuel Miller housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 250%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 12 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
4 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Samuel Miller, you could pay more than the asking price. 58.3% of homes here sold above asking price last month.
Summary: A total of 12 homes were sold or pending in Samuel Miller in April 2024, up by 50.0% month-over-month. Of the 12 sold homes, 8% were sold under asking, 33% were sold at asking, and 58% were sold over asking.
Days on Market for Samuel Miller, VA
How long does it take to sell a home in Samuel Miller, VA?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 16 Days | 3 Days | -77.4% |
Summary: Homes in Samuel Miller had an average of 3 days on market in Apr 2024, down by 77.4% compared to last month.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Samuel Miller are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 12 homes were sold in Samuel Miller; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Information is provided by Charlottesville Area Association of Realtors®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. 
All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2024 Central Virginia Regional Multiple Listing Service,LLC. All rights reserved