Is Charles City 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, Charles City County has remained a Seller's Market.
Housing Prices in Charles City County, VA
How much do homes in Charles City County, VA cost?
Median Sold Price
$300,000
$184/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Charles City County was $300,000 in May 2024, up 14.3% from last year, and the median price per square foot was $184.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $138K | N/A |
2 Bedrooms | $133K | $165K | +24.1% |
3 Bedrooms | $270K | $281K | +4.1% |
4 Bedrooms | $370K | $375K | +1.4% |
5+ Bedrooms | - | $800K | N/A |
Summary: Charles City County 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 increased by 24.1%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
Charles City County | $262.5K | $300K | +14.3% |
Henrico County | $379.7K | $415K | +9.3% |
Chesterfield County | $376.6K | $394.9K | +4.9% |
Prince George County | $318.9K | $329.5K | +3.3% |
New Kent County | $415K | $418.4K | +0.8% |
Housing Supply in Charles City County, VA
How many homes are available in Charles City County, VA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
17 | 15 | -11.8% |
Summary: The Charles City County real estate market had 15 homes for sale in May 2024, a 11.8% decrease 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 | 2 | 2 | 0.0% |
3 Bedrooms | 13 | 11 | -15.4% |
4 Bedrooms | 1 | 2 | +100.0% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Charles City County 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 decreased by 15.4%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 8 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Charles City County in May 2024, up by 100.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 33% were sold at asking, and 50% were sold over asking.
Days on Market for Charles City County, VA
How long does it take to sell a home in Charles City County, VA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
23 Days | 58 Days | +148.2% |
Summary: Homes in Charles City County had an average of 58 days on market in May 2024, up by 148.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 8 homes were sold in Charles City County; 38% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.