$7,231 Closing Credit*
$608,900
2,798 SqFt
4 Beds
•3 Full Baths, 1 Partial
Jayme Wood, Listing Office: Fine Creek Realty
Is Amelia County, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Amelia County was a Seller's Market.
Key Takeaway
Amelia County 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 Amelia County, VA
How much do homes in Amelia County, VA cost?
Median Sold Price
$330,500
$210/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$25,500(+8.4%)
Key Takeaway
Homes in Amelia County have sold for 8.4% more than they did a year ago.
Summary: The median home sold price in Amelia County was $330,500 in October 2024, up 8.4% from last year, and the median price per square foot was $210.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $190K | - | N/A |
| 2 Bedrooms | $262K | $191.5K | -26.9% |
| 3 Bedrooms | $289.9K | $325K | +12.1% |
| 4 Bedrooms | $477.5K | $527.5K | +10.5% |
| 5+ Bedrooms | $441.5K | $399.9K | -9.4% |
Summary: Amelia County housing prices by bedroom type for October 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 12.1%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes decreased by 9.4%.
Median Sold Price Compared To Nearby Counties
| Nottoway County | $190K | $245K | +28.9% |
| Amelia County | $305K | $330.5K | +8.4% |
| Chesterfield County | $385.2K | $414K | +7.5% |
| Dinwiddie County | $267K | $286.5K | +7.3% |
| Powhatan County | $426.7K | $455K | +6.6% |
Housing Supply in Amelia County, VA
How many homes are available in Amelia County, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 56 | 56 | 0.0% |
Summary: The Amelia County real estate market had 56 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 38 | 33 | -13.2% |
| 4 Bedrooms | 14 | 18 | +28.6% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Amelia County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 13.2%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 9 | -30.8% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Amelia County, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Amelia County in October 2024, down by 30.8% month-over-month. Of the 9 sold homes, 44% were sold under asking, 33% were sold at asking, and 22% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 43 Days | 47 Days | +8.3% |
Summary: Homes in Amelia County had an average of 47 days on market in Oct 2024, up by 8.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Amelia County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 9 homes were sold in Amelia County; 44% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
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