$1,250,000
262.15 Acres
Land
Shields Jett, Listing Office: Jett Land and Realty LLC
Is Beaverdam, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Beaverdam has remained a Seller's Market.
Key Takeaway
Beaverdam is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Beaverdam, VA
How much do homes in Beaverdam, VA cost?
Median Sold Price
$572,000
$229/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$24,525(+4.5%)
Key Takeaway
Homes in Beaverdam have sold for 4.5% more than they did a year ago.
Summary: The median home sold price in Beaverdam was $572,000 in December 2024, up 4.5% from last year, and the median price per square foot was $229.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $105.5K | $167.5K | +58.8% |
| 2 Bedrooms | $264.3K | $302K | +14.2% |
| 3 Bedrooms | $401K | $429.9K | +7.2% |
| 4 Bedrooms | $674.9K | $639.3K | -5.3% |
| 5+ Bedrooms | $788.2K | $712.5K | -9.6% |
Summary: Beaverdam housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 58.8%, 2 bedroom homes increased by 14.2%, 3 bedroom homes increased by 7.2%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes decreased by 9.6%.
Median Sold Price Compared To Nearby Cities
| Reedy Church | $275K | $315K | +14.5% |
| South Anna | $486.6K | $525K | +7.9% |
| Beaverdam | $547.4K | $572K | +4.5% |
| Ashland | $493.5K | $493.1K | -0.1% |
Housing Supply in Beaverdam, VA
How many homes are available in Beaverdam, VA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 103 | 92 | -10.7% |
Summary: The Beaverdam real estate market had 92 homes for sale in December 2024, a 10.7% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 3 | -40.0% |
| 3 Bedrooms | 33 | 30 | -9.1% |
| 4 Bedrooms | 43 | 40 | -7.0% |
| 5+ Bedrooms | 21 | 18 | -14.3% |
Summary: The Beaverdam housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 40%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 7%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 20 | 19 | -5.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Beaverdam, you may be able to get a good deal. 47.4% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in Beaverdam in December 2024, down by 5.0% month-over-month. Of the 19 sold homes, 47% were sold under asking, 37% were sold at asking, and 16% were sold over asking.
Days on Market for Beaverdam, VA
How long does it take to sell a home in Beaverdam, VA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 71 Days | 47 Days | -33.1% |
Summary: Homes in Beaverdam had an average of 47 days on market in Dec 2024, down by 33.1% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Beaverdam are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 19 homes were sold in Beaverdam; 68% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
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Information is provided by Charlottesville Area Association of Realtors®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user.