Is Appomattox, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Appomattox is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Appomattox was a Neutral Market.

Key Takeaway

Appomattox is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Appomattox, VA

How much do homes in Appomattox, VA cost?

Median Sold Price

$294,000

$170/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$24,100(+8.9%)

Key Takeaway

Homes in Appomattox have sold for 8.9% more than they did a year ago.

Summary: The median home sold price in Appomattox was $294,000 in November 2024, up 8.9% from last year, and the median price per square foot was $170.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $203.7K$140.9K
-30.8%
3 $269.7K$290K
+7.5%
4 $298.5K$335K
+12.2%
5+ $442.5K$649.9K
+46.9%

Summary: Appomattox 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 30.8%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 12.2%, and 5+ bedroom homes increased by 46.9%.

Median Sold Price Compared To Nearby Cities

Appomattox
+8.9%
Wreck Island
+1.6%
Piney Mountain
-0.2%
Appomattox River
-23.1%

Housing Supply in Appomattox, VA

How many homes are available in Appomattox, VA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5064+28.0%

Summary: The Appomattox real estate market had 64 homes for sale in November 2024, a 28.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 4355
+27.9%
4 46
+50.0%
5+ 22
0.0%

Summary: The Appomattox 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 remained the same, 3 bedroom homes increased by 27.9%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
128-33.3%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Appomattox, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Appomattox in November 2024, down by 33.3% month-over-month. Of the 8 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% 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

Nov 2023Nov 2024CHANGE
61 Days26 Days-57.0%

Summary: Homes in Appomattox had an average of 26 days on market in Nov 2024, down by 57% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 8 homes were sold in Appomattox; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 0% 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 2 Days Ago

Newest Listings in Appomattox, VA

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