$825,000
4.24 Acres
Land
Luke J Dykeman, Listing Office: Coldwell Banker Commercial Read & Company
Is Appomattox River, 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, Appomattox River was a Seller's Market.
Key Takeaway
Appomattox River is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Appomattox River, VA
How much do homes in Appomattox River, VA cost?
Median Sold Price
$185,000
$138/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$75,000(-28.8%)
Key Takeaway
Homes in Appomattox River have sold for 28.8% less than they did a year ago.
Summary: The median home sold price in Appomattox River was $185,000 in October 2024, down 28.8% from last year, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $120K | $162K | +35.0% |
| 3 Bedrooms | $267.7K | $180K | -32.8% |
| 4 Bedrooms | $480K | $495K | +3.1% |
| 5+ Bedrooms | - | - | N/A |
Summary: Appomattox River 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 increased by 35%, 3 bedroom homes decreased by 32.8%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Courthouse | $225K | $279K | +24.0% |
| Appomattox | $269.9K | $292.5K | +8.4% |
| Pamplin | $210K | $170K | -19.0% |
| Appomattox River | $260K | $185K | -28.8% |
Housing Supply in Appomattox River, VA
How many homes are available in Appomattox River, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 8 | 0.0% |
Summary: The Appomattox River real estate market had 8 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 | 2 | 1 | -50.0% |
| 3 Bedrooms | 2 | 4 | +100.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Appomattox River 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 decreased by 50%, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Appomattox River, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Appomattox River in October 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Appomattox River, VA
How long does it take to sell a home in Appomattox River, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 13 Days | 8 Days | -40.7% |
Summary: Homes in Appomattox River had an average of 8 days on market in Oct 2024, down by 40.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Appomattox River are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Appomattox River; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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