$5,926 Closing Credit*
$499,000
2,564 SqFt
4 Beds
•2 Full Baths, 1 Partial
Melissa Stewart, Listing Office: BHHS PenFed Realty
Is Acquinton, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Acquinton was a Seller's Market.
Key Takeaway
Acquinton is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Acquinton, VA
How much do homes in Acquinton, VA cost?
Median Sold Price
$349,737
$209/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$17,346(+5.2%)
Key Takeaway
Homes in Acquinton have sold for 5.2% more than they did a year ago.
Summary: The median home sold price in Acquinton was $349,737 in September 2024, up 5.2% from last year, and the median price per square foot was $209.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $165K | N/A |
| 2 Bedrooms | $295K | $282K | -4.4% |
| 3 Bedrooms | $324.1K | $345K | +6.4% |
| 4 Bedrooms | $387K | $412.7K | +6.6% |
| 5+ Bedrooms | $394.7K | $438.9K | +11.2% |
Summary: Acquinton housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.4%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes increased by 11.2%.
Median Sold Price Compared To Nearby Cities
| Acquinton | $332.3K | $349.7K | +5.2% |
| King William | $336K | $343.5K | +2.2% |
Housing Supply in Acquinton, VA
How many homes are available in Acquinton, VA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 87 | 89 | +2.3% |
Summary: The Acquinton real estate market had 89 homes for sale in September 2024, a 2.3% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 4 | -33.3% |
| 3 Bedrooms | 49 | 50 | +2.0% |
| 4 Bedrooms | 23 | 23 | 0.0% |
| 5+ Bedrooms | 9 | 12 | +33.3% |
Summary: The Acquinton housing inventory by bedroom type for September 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 increased by 2%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 20 | 14 | -30.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
4 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Acquinton, you could pay more than the asking price. 58.3% of homes here sold above asking price last month.
Summary: A total of 14 homes were sold or pending in Acquinton in September 2024, down by 30.0% month-over-month. Of the 12 sold homes, 8% were sold under asking, 33% were sold at asking, and 58% 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
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 18 Days | 92 Days | +408.8% |
Summary: Homes in Acquinton had an average of 92 days on market in Sep 2024, up by 408.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Acquinton are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During September 2024, 14 homes were sold in Acquinton; 36% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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