Is Campbell County, 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, Campbell County has remained a Seller's Market.
Housing Prices in Campbell County, VA
How much do homes in Campbell County, VA cost?
Median Sold Price
$275,000
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Campbell County was $275,000 in May 2024, up 6% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $317.8K | $209.5K | -34.1% |
2 Bedrooms | $135.6K | $174.5K | +28.7% |
3 Bedrooms | $255K | $257.1K | +0.9% |
4 Bedrooms | $310K | $349.9K | +12.9% |
5+ Bedrooms | $369.9K | $389K | +5.2% |
Summary: Campbell County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 34.1%, 2 bedroom homes increased by 28.7%, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 12.9%, and 5+ bedroom homes increased by 5.2%.
Median Sold Price Compared To Nearby Counties
Charlotte County | $187.2K | $374K | +99.7% |
Amherst County | $229.9K | $255K | +10.9% |
Campbell County | $259.3K | $275K | +6.0% |
Appomattox County | $270K | $279.9K | +3.7% |
Bedford County | $364.7K | $376.6K | +3.3% |
Housing Supply in Campbell County, VA
How many homes are available in Campbell County, VA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
108 | 170 | +57.4% |
Summary: The Campbell County real estate market had 170 homes for sale in May 2024, a 57.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 12 | 24 | +100.0% |
3 Bedrooms | 63 | 106 | +68.3% |
4 Bedrooms | 28 | 30 | +7.1% |
5+ Bedrooms | 4 | 8 | +100.0% |
Summary: The Campbell County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 68.3%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
43 | 41 | -4.7% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Summary: A total of 41 homes were sold or pending in Campbell County in May 2024, down by 4.7% month-over-month. Of the 41 sold homes, 29% were sold under asking, 29% were sold at asking, and 41% were sold over asking.
Days on Market for Campbell County, VA
How long does it take to sell a home in Campbell County, VA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
30 Days | 31 Days | +5.1% |
Summary: Homes in Campbell County had an average of 31 days on market in May 2024, up by 5.1% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During May 2024, 41 homes were sold in Campbell County; 56% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.