$3,076 Closing Credit*
$259,000
744 SqFt
3 Beds
•2 Full Baths
Crystal Seal, Listing Office: Cropper Home Sales, LLC
Is Berkeley, 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, Berkeley has remained a Seller's Market.
Key Takeaway
Berkeley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Berkeley, VA
How much do homes in Berkeley, VA cost?
Median Sold Price
$464,900
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$47,233(+11.3%)
Key Takeaway
Homes in Berkeley have sold for 11.3% more than they did a year ago.
Summary: The median home sold price in Berkeley was $464,900 in December 2024, up 11.3% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $251.5K | $225K | -10.5% |
| 3 Bedrooms | $385K | $395K | +2.6% |
| 4 Bedrooms | $455K | $503.5K | +10.7% |
| 5+ Bedrooms | $492K | $527.1K | +7.1% |
Summary: Berkeley housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10.5%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes increased by 7.1%.
Median Sold Price Compared To Nearby Cities
| Berkeley | $417.6K | $464.9K | +11.3% |
| Livingston | $535.7K | $585K | +9.2% |
| Spotsylvania | $464K | $499.7K | +7.7% |
| Lee Hill | $452.5K | $451.4K | -0.2% |
Housing Supply in Berkeley, VA
How many homes are available in Berkeley, VA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 91 | 74 | -18.7% |
Summary: The Berkeley real estate market had 74 homes for sale in December 2024, a 18.7% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 30 | 24 | -20.0% |
| 4 Bedrooms | 36 | 32 | -11.1% |
| 5+ Bedrooms | 19 | 12 | -36.8% |
Summary: The Berkeley 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 remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 36.8%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 29 | 23 | -20.7% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Berkeley, you may be able to get a good deal. 39.1% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in Berkeley in December 2024, down by 20.7% month-over-month. Of the 23 sold homes, 39% were sold under asking, 35% were sold at asking, and 26% were sold over asking.
Days on Market for Berkeley, VA
How long does it take to sell a home in Berkeley, VA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 16 Days | 47 Days | +189.5% |
Summary: Homes in Berkeley had an average of 47 days on market in Dec 2024, up by 189.5% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Berkeley are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 23 homes were sold in Berkeley; 43% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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. 
All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service,LLC. All rights reserved