$250,000
33.00 Acres
Land
Linda Freeman, Listing Office: Keller Williams Realty-Roanoke
Is Appomattox, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Appomattox has remained a Seller's Market.
Key Takeaway
Appomattox is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Appomattox, VA
How much do homes in Appomattox, VA cost?
Median Sold Price
$290,000
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$17,500(+6.4%)
Key Takeaway
Homes in Appomattox have sold for 6.4% more than they did a year ago.
Summary: The median home sold price in Appomattox was $290,000 in December 2024, up 6.4% from last year, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $203.7K | $161.9K | -20.5% |
| 3 Bedrooms | $269.9K | $287.4K | +6.5% |
| 4 Bedrooms | $298.5K | $345K | +15.6% |
| 5+ Bedrooms | $625K | $490K | -21.6% |
Summary: Appomattox housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 20.5%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 15.6%, and 5+ bedroom homes decreased by 21.6%.
Median Sold Price Compared To Nearby Cities
| Piney Mountain | $284K | $314.9K | +10.9% |
| Appomattox | $272.5K | $290K | +6.4% |
| Wreck Island | $319.9K | $317K | -0.9% |
| Appomattox River | $257.5K | $223K | -13.4% |
Housing Supply in Appomattox, VA
How many homes are available in Appomattox, VA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 62 | 57 | -8.1% |
Summary: The Appomattox real estate market had 57 homes for sale in December 2024, a 8.1% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 53 | 48 | -9.4% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 2 | 0 | -100.0% |
Summary: The Appomattox housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 9.4%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 9 | 13 | +44.4% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Appomattox, expect to pay close to the asking price. 53.8% of homes here sold near the asking price last month.
Summary: A total of 13 homes were sold or pending in Appomattox in December 2024, up by 44.4% month-over-month. Of the 13 sold homes, 15% were sold under asking, 54% were sold at asking, and 31% were sold over asking.
Days on Market for Appomattox, VA
How long does it take to sell a home in Appomattox, VA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 27 Days | 39 Days | +44.5% |
Summary: Homes in Appomattox had an average of 39 days on market in Dec 2024, up by 44.5% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Appomattox are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 13 homes were sold in Appomattox; 69% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
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