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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Battlefield is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Battlefield has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Battlefield, VA

How much do homes in Battlefield, VA cost?

Median Sold Price

$439,999

$200/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$13,332(+3.1%)

Key Takeaway

Homes in Battlefield have sold for 3.1% more than they did a year ago.

Summary: The median home sold price in Battlefield was $439,999 in November 2024, up 3.1% from last year, and the median price per square foot was $200.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $255K$325K
+27.5%
3 $375K$388.5K
+3.6%
4 $490K$515K
+5.1%
5+ $530K$595K
+12.3%

Summary: Battlefield 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 27.5%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes increased by 12.3%.

Median Sold Price Compared To Nearby Cities

Salem
+6.2%
Battlefield
+3.1%
Fredericksburg
+2.5%
Lee Hill
+2.4%
Fredericksburg
+2.4%

Housing Supply in Battlefield, VA

How many homes are available in Battlefield, VA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
108105-2.8%

Summary: The Battlefield real estate market had 105 homes for sale in November 2024, a 2.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 412
+200.0%
3 5844
-24.1%
4 3236
+12.5%
5+ 1413
-7.1%

Summary: The Battlefield 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 200%, 3 bedroom homes decreased by 24.1%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 7.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3533-5.7%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Battlefield, you could pay more than the asking price. 36.4% of homes here sold above asking price last month.

Summary: A total of 33 homes were sold or pending in Battlefield in November 2024, down by 5.7% month-over-month. Of the 33 sold homes, 33% were sold under asking, 30% were sold at asking, and 36% were sold over asking.

Days on Market for Battlefield, VA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
17 Days20 Days+16.9%

Summary: Homes in Battlefield had an average of 20 days on market in Nov 2024, up by 16.9% compared to last year.

Breakdown of Home Sale Times

29 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 33 homes were sold in Battlefield; 88% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 6% 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 21 Days Ago

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