Is Dinwiddie 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, Dinwiddie County has remained a Seller's Market.
Housing Prices in Dinwiddie County, VA
How much do homes in Dinwiddie County, VA cost?
Median Sold Price
$280,000
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Dinwiddie County was $280,000 in May 2024, up 5.7% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $146.5K | $123K | -16.0% |
2 Bedrooms | $98.6K | $185K | +87.5% |
3 Bedrooms | $265K | $279.9K | +5.6% |
4 Bedrooms | $305K | $322.5K | +5.7% |
5+ Bedrooms | $295K | $399.9K | +35.6% |
Summary: Dinwiddie County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16%, 2 bedroom homes increased by 87.5%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 35.6%.
Median Sold Price Compared To Nearby Counties
Nottoway County | $196.3K | $225K | +14.6% |
Dinwiddie County | $265K | $280K | +5.7% |
Amelia County | $296.2K | $310.7K | +4.9% |
Chesterfield County | $376.6K | $394.9K | +4.9% |
Prince George County | $318.9K | $329.5K | +3.3% |
Housing Supply in Dinwiddie County, VA
How many homes are available in Dinwiddie County, VA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
51 | 51 | 0.0% |
Summary: The Dinwiddie County real estate market had 51 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 2 | -33.3% |
3 Bedrooms | 37 | 35 | -5.4% |
4 Bedrooms | 6 | 9 | +50.0% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Dinwiddie 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 decreased by 33.3%, 3 bedroom homes decreased by 5.4%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
13 | 14 | +7.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Dinwiddie County in May 2024, up by 7.7% month-over-month. Of the 14 sold homes, 21% were sold under asking, 36% were sold at asking, and 43% were sold over asking.
Days on Market for Dinwiddie County, VA
How long does it take to sell a home in Dinwiddie County, VA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
44 Days | 14 Days | -67.7% |
Summary: Homes in Dinwiddie County had an average of 14 days on market in May 2024, down by 67.7% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 14 homes were sold in Dinwiddie County; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.