$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 November 2023
At the same time last year, Appomattox River was a Neutral Market.
Key Takeaway
Appomattox River is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Appomattox River, VA
How much do homes in Appomattox River, VA cost?
Median Sold Price
$199,900
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$60,100(-23.1%)
Key Takeaway
Homes in Appomattox River have sold for 23.1% less than they did a year ago.
Summary: The median home sold price in Appomattox River was $199,900 in November 2024, down 23.1% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $50K | $175.2K | +250.5% |
| 3 Bedrooms | $267.7K | $199.9K | -25.3% |
| 4 Bedrooms | $365K | $495K | +35.6% |
| 5+ Bedrooms | - | $490K | N/A |
Summary: Appomattox River 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 increased by 250.5%, 3 bedroom homes decreased by 25.3%, 4 bedroom homes increased by 35.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Appomattox | $269.9K | $294K | +8.9% |
| Pamplin | $179.9K | $185K | +2.8% |
| Appomattox River | $260K | $199.9K | -23.1% |
Housing Supply in Appomattox River, VA
How many homes are available in Appomattox River, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 16 | +60.0% |
Summary: The Appomattox River real estate market had 16 homes for sale in November 2024, a 60.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 5 | 10 | +100.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Appomattox River 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 increased by 100%, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 4 | +300.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was 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. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Appomattox River in November 2024, up by 300.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 10 Days | 68 Days | +586.7% |
Summary: Homes in Appomattox River had an average of 68 days on market in Nov 2024, up by 586.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Appomattox River are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Appomattox River; 25% 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.
All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2024 Central Virginia Regional Multiple Listing Service,LLC. All rights reserved