Is Accomack County, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Accomack County is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Accomack County was a Seller's Market.

Key Takeaway

Accomack County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Accomack County, VA

How much do homes in Accomack County, VA cost?

Median Sold Price

$431,250

$249/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$68,217(+18.8%)

Key Takeaway

Homes in Accomack County have sold for 18.8% more than they did a month ago.

Summary: The median home sold price in Accomack County was $431,250 in November 2024, up 18.8% from last month, and the median price per square foot was $249.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $237K$386.2K
+63.0%
3 $417.5K$421.2K
+0.9%
4 $367.9K$724.5K
+96.9%
5+ --
N/A

Summary: Accomack County housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 63%, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 96.9%, and 5+ bedroom homes did not change.

Housing Supply in Accomack County, VA

How many homes are available in Accomack County, VA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
83830.0%

Summary: The Accomack County real estate market had 83 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1414
0.0%
3 4849
+2.1%
4 1817
-5.6%
5+ 33
0.0%

Summary: The Accomack County housing inventory by bedroom type for November 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 2.1%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1410-28.6%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Accomack County, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Accomack County in November 2024, down by 28.6% month-over-month. Of the 10 sold homes, 60% were sold under asking, 30% were sold at asking, and 10% were sold over asking.

Days on Market for Accomack County, VA

How long does it take to sell a home in Accomack County, VA?

Average Sale Time

Oct 2024Nov 2024CHANGE
64 Days68 Days+7.0%

Summary: Homes in Accomack County had an average of 68 days on market in Nov 2024, up by 7% compared to last month.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Accomack County are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 10 homes were sold in Accomack County; 60% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Accomack County, VA

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