$6,293 Closing Credit*
$529,900
2,127 SqFt
3 Beds
•2 Full Baths, 1 Partial
Scott Walker, Listing Office: Eagle Realty of Virginia
Is Ashland, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Ashland has remained a Seller's Market.
Key Takeaway
Ashland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ashland, VA
How much do homes in Ashland, VA cost?
Median Sold Price
$493,750
$231/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$9,250(+1.9%)
Key Takeaway
Homes in Ashland have sold for 1.9% more than they did a year ago.
Summary: The median home sold price in Ashland was $493,750 in November 2024, up 1.9% from last year, and the median price per square foot was $231.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $239.9K | $259.9K | +8.3% |
| 2 Bedrooms | $235.4K | $299.9K | +27.4% |
| 3 Bedrooms | $370K | $400K | +8.1% |
| 4 Bedrooms | $705.3K | $649.9K | -7.8% |
| 5+ Bedrooms | $780K | $722.2K | -7.4% |
Summary: Ashland housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.3%, 2 bedroom homes increased by 27.4%, 3 bedroom homes increased by 8.1%, 4 bedroom homes decreased by 7.8%, and 5+ bedroom homes decreased by 7.4%.
Median Sold Price Compared To Nearby Cities
| Beaverdam | $548.3K | $571.3K | +4.2% |
| Ashland | $484.5K | $493.7K | +1.9% |
Housing Supply in Ashland, VA
How many homes are available in Ashland, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 157 | 159 | +1.3% |
Summary: The Ashland real estate market had 159 homes for sale in November 2024, a 1.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 37 | 42 | +13.5% |
| 3 Bedrooms | 56 | 54 | -3.6% |
| 4 Bedrooms | 40 | 41 | +2.5% |
| 5+ Bedrooms | 22 | 21 | -4.5% |
Summary: The Ashland housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 13.5%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes decreased by 4.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 29 | +45.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ashland, expect to pay close to the asking price. 44.8% of homes here sold near the asking price last month.
Summary: A total of 29 homes were sold or pending in Ashland in November 2024, up by 45.0% month-over-month. Of the 29 sold homes, 24% were sold under asking, 45% were sold at asking, and 31% were sold over asking.
Days on Market for Ashland, VA
How long does it take to sell a home in Ashland, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 46 Days | 46 Days | -0.4% |
Summary: Homes in Ashland had an average of 46 days on market in Nov 2024, down by 0.4% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ashland are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 29 homes were sold in Ashland; 66% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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