Is Acquinton, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Acquinton is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Acquinton has remained a Seller's Market.

Key Takeaway

Acquinton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Acquinton, VA

How much do homes in Acquinton, VA cost?

Median Sold Price

$352,250

$201/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$20,750(+6.3%)

Key Takeaway

Homes in Acquinton have sold for 6.3% more than they did a year ago.

Summary: The median home sold price in Acquinton was $352,250 in November 2024, up 6.3% from last year, and the median price per square foot was $201.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $165K-
N/A
2 $271.5K$285K
+5.0%
3 $325.7K$349.9K
+7.4%
4 $384.2K$392K
+2.0%
5+ $399.6K$438.9K
+9.9%

Summary: Acquinton housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 9.9%.

Median Sold Price Compared To Nearby Cities

Acquinton
+6.3%
King William
+6.1%

Housing Supply in Acquinton, VA

How many homes are available in Acquinton, VA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8986-3.4%

Summary: The Acquinton real estate market had 86 homes for sale in November 2024, a 3.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 42
-50.0%
3 4846
-4.2%
4 2627
+3.8%
5+ 1111
0.0%

Summary: The Acquinton 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 decreased by 50%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1015+50.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Acquinton, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Acquinton in November 2024, up by 50.0% month-over-month. Of the 14 sold homes, 50% were sold under asking, 36% were sold at asking, and 14% were sold over asking.

Days on Market for Acquinton, VA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
19 Days36 Days+87.0%

Summary: Homes in Acquinton had an average of 36 days on market in Nov 2024, up by 87% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 15 homes were sold in Acquinton; 67% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 7% 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 Acquinton, VA

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