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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Aylett is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Aylett, VA

How much do homes in Aylett, VA cost?

Median Sold Price

$359,950

$199/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$20,000(+5.9%)

Key Takeaway

Homes in Aylett have sold for 5.9% more than they did a year ago.

Summary: The median home sold price in Aylett was $359,950 in November 2024, up 5.9% from last year, and the median price per square foot was $199.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $330.7K$285K
-13.8%
3 $330K$354K
+7.3%
4 $388.4K$410.5K
+5.7%
5+ $399.6K$457.5K
+14.5%

Summary: Aylett 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 13.8%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 14.5%.

Median Sold Price Compared To Nearby Cities

Mangohick
+10.4%
Acquinton
+6.3%
Aylett
+5.9%

Housing Supply in Aylett, VA

How many homes are available in Aylett, VA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
9389-4.3%

Summary: The Aylett real estate market had 89 homes for sale in November 2024, a 4.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 75
-28.6%
3 4847
-2.1%
4 2625
-3.8%
5+ 1212
0.0%

Summary: The Aylett 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 decreased by 28.6%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
11110.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Aylett, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Aylett in November 2024, the same as the previous month. Of the 11 sold homes, 64% were sold under asking, 27% were sold at asking, and 9% were sold over asking.

Days on Market for Aylett, VA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
12 Days53 Days+324.0%

Summary: Homes in Aylett had an average of 53 days on market in Nov 2024, up by 324% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 11 homes were sold in Aylett; 45% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 18% 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 Aylett, VA

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