Is Belle Haven, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Belle Haven is a seller's market

Buyer's
Market

Difference Since December 2023

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

Key Takeaway

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

Housing Prices in Belle Haven, VA

How much do homes in Belle Haven, VA cost?

Median Sold Price

$370,000

$383/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$57,000(-13.3%)

Key Takeaway

Homes in Belle Haven have sold for 13.3% less than they did a year ago.

Summary: The median home sold price in Belle Haven was $370,000 in December 2024, down 13.3% from last year, and the median price per square foot was $383.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $210K$225K
+7.1%
2 $313.5K$330K
+5.3%
3 $759K$750K
-1.2%
4 $941K$925K
-1.7%
5+ $1.3M$1.3M
-1.5%

Summary: Belle Haven housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.1%, 2 bedroom homes increased by 5.3%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes decreased by 1.5%.

Median Sold Price Compared To Nearby Neighborhoods

Belle View
+15.8%
Belle Haven
-13.3%

Housing Supply in Belle Haven, VA

How many homes are available in Belle Haven, VA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
29290.0%

Summary: The Belle Haven real estate market had 29 homes for sale in December 2024, the same as November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 87
-12.5%
2 87
-12.5%
3 34
+33.3%
4 76
-14.3%
5+ 35
+66.7%

Summary: The Belle Haven housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 12.5%, 2 bedroom homes decreased by 12.5%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
911+22.2%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Belle Haven, expect to pay close to the asking price. 72.7% of homes here sold near the asking price last month.

Summary: A total of 11 homes were sold or pending in Belle Haven in December 2024, up by 22.2% month-over-month. Of the 11 sold homes, 18% were sold under asking, 73% were sold at asking, and 9% were sold over asking.

Days on Market for Belle Haven, VA

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

Average Sale Time

Dec 2023Dec 2024CHANGE
63 Days19 Days-69.3%

Summary: Homes in Belle Haven had an average of 19 days on market in Dec 2024, down by 69.3% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 11 homes were sold in Belle Haven; 82% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 0% 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 2 Days Ago

Newest Listings in Belle Haven, VA

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