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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Amelia County is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Amelia County, VA

How much do homes in Amelia County, VA cost?

Median Sold Price

$339,000

$212/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$34,000(+11.1%)

Key Takeaway

Homes in Amelia County have sold for 11.1% more than they did a year ago.

Summary: The median home sold price in Amelia County was $339,000 in November 2024, up 11.1% from last year, and the median price per square foot was $212.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $190K-
N/A
2 $262K$191.5K
-26.9%
3 $285K$334K
+17.2%
4 $477.5K$513.7K
+7.6%
5+ $441.5K$462.4K
+4.7%

Summary: Amelia County 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 decreased by 26.9%, 3 bedroom homes increased by 17.2%, 4 bedroom homes increased by 7.6%, and 5+ bedroom homes increased by 4.7%.

Median Sold Price Compared To Nearby Counties

Nottoway County
+19.6%
Amelia County
+11.1%
Chesterfield County
+5.7%
Powhatan County
+5.0%
Dinwiddie County
+4.6%

Housing Supply in Amelia County, VA

How many homes are available in Amelia County, VA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5262+19.2%

Summary: The Amelia County real estate market had 62 homes for sale in November 2024, a 19.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 3236
+12.5%
4 1620
+25.0%
5+ 34
+33.3%

Summary: The Amelia 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 increased by 100%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
913+44.4%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Amelia County, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Amelia County in November 2024, up by 44.4% month-over-month. Of the 13 sold homes, 54% were sold under asking, 23% were sold at asking, and 23% were sold over asking.

Days on Market for Amelia County, VA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
14 Days38 Days+162.4%

Summary: Homes in Amelia County had an average of 38 days on market in Nov 2024, up by 162.4% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 13 homes were sold in Amelia County; 54% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 8% 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 Amelia County, VA

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