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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Amelia Court House is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Amelia Court House, VA

How much do homes in Amelia Court House, VA cost?

Median Sold Price

$334,000

$209/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$29,000(+9.5%)

Key Takeaway

Homes in Amelia Court House have sold for 9.5% more than they did a year ago.

Summary: The median home sold price in Amelia Court House was $334,000 in October 2024, up 9.5% from last year, and the median price per square foot was $209.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $190K-
N/A
2 $249K$191.5K
-23.1%
3 $276K$333K
+20.7%
4 $477.5K$520K
+8.9%
5+ $488K$289.9K
-40.6%

Summary: Amelia Court House 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 23.1%, 3 bedroom homes increased by 20.7%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes decreased by 40.6%.

Median Sold Price Compared To Nearby Cities

Rice
+23.6%
Amelia Court House
+9.5%
Powhatan
+6.7%
Moseley
+0.8%

Housing Supply in Amelia Court House, VA

How many homes are available in Amelia Court House, VA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4647+2.2%

Summary: The Amelia Court House real estate market had 47 homes for sale in October 2024, a 2.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 3228
-12.5%
4 1114
+27.3%
5+ 34
+33.3%

Summary: The Amelia Court House 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 12.5%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
98-11.1%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Amelia Court House, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Amelia Court House in October 2024, down by 11.1% month-over-month. Of the 8 sold homes, 38% were sold under asking, 38% were sold at asking, and 25% were sold over asking.

Days on Market for Amelia Court House, VA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
36 Days44 Days+22.0%

Summary: Homes in Amelia Court House had an average of 44 days on market in Oct 2024, up by 22% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 8 homes were sold in Amelia Court House; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 Court House, VA

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