Is Augusta County, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Augusta County is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Augusta County has remained a Seller's Market.

Key Takeaway

Augusta County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Augusta County, VA

How much do homes in Augusta County, VA cost?

Median Sold Price

$410,000

$206/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$88,500(+27.5%)

Key Takeaway

Homes in Augusta County have sold for 27.5% more than they did a month ago.

Summary: The median home sold price in Augusta County was $410,000 in October 2024, up 27.5% from last month, and the median price per square foot was $206.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $262K$170K
-35.1%
3 $321.5K$380K
+18.2%
4 -$447.3K
N/A
5+ --
N/A

Summary: Augusta County housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 35.1%, 3 bedroom homes increased by 18.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Augusta County
+27.5%
Rockingham County
+3.1%

Housing Supply in Augusta County, VA

How many homes are available in Augusta County, VA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3334+3.0%

Summary: The Augusta County real estate market had 34 homes for sale in October 2024, a 3.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 42
-50.0%
3 2016
-20.0%
4 814
+75.0%
5+ 12
+100.0%

Summary: The Augusta County 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 decreased by 20%, 4 bedroom homes increased by 75%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
810+25.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Augusta County, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 10 homes were sold or pending in Augusta County in October 2024, up by 25.0% month-over-month. Of the 10 sold homes, 30% were sold under asking, 50% were sold at asking, and 20% were sold over asking.

Days on Market for Augusta County, VA

How long does it take to sell a home in Augusta County, VA?

Average Sale Time

Sep 2024Oct 2024CHANGE
27 Days34 Days+25.3%

Summary: Homes in Augusta County had an average of 34 days on market in Oct 2024, up by 25.3% compared to last month.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 10 homes were sold in Augusta County; 70% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 10% 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 20 Days Ago

Newest Listings in Augusta County, VA

Nearby Markets to Augusta County, VA

What housing markets are near Augusta County, VA?