$9,203 Closing Credit*
$775,000
4,000 SqFt
5 Beds
•4 Full Baths
Sarah A. Reynolds, Listing Office: Keller Williams Chantilly Ventures
Is Berryville, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Berryville has remained a Seller's Market.
Key Takeaway
Berryville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Berryville, VA
How much do homes in Berryville, VA cost?
Median Sold Price
$470,000
$236/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$110,000(-19.0%)
Key Takeaway
Homes in Berryville have sold for 19% less than they did a year ago.
Summary: The median home sold price in Berryville was $470,000 in November 2024, down 19% from last year, and the median price per square foot was $236.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $439K | $270K | -38.5% |
| 2 Bedrooms | $275K | $335.5K | +22.0% |
| 3 Bedrooms | $510K | $419.9K | -17.7% |
| 4 Bedrooms | $575K | $650K | +13.0% |
| 5+ Bedrooms | $660K | $679.9K | +3.0% |
Summary: Berryville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 38.5%, 2 bedroom homes increased by 22%, 3 bedroom homes decreased by 17.7%, 4 bedroom homes increased by 13%, and 5+ bedroom homes increased by 3%.
Median Sold Price Compared To Nearby Cities
| Millwood | $542.4K | $611K | +12.6% |
| Buckmarsh | $470K | $485K | +3.2% |
| Berryville | $580K | $470K | -19.0% |
Housing Supply in Berryville, VA
How many homes are available in Berryville, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 36 | 33 | -8.3% |
Summary: The Berryville real estate market had 33 homes for sale in November 2024, a 8.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 2 | -50.0% |
| 3 Bedrooms | 10 | 8 | -20.0% |
| 4 Bedrooms | 13 | 12 | -7.7% |
| 5+ Bedrooms | 9 | 11 | +22.2% |
Summary: The Berryville 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 50%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes increased by 22.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 8 | 0.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Berryville, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Berryville in November 2024, the same as the previous month. Of the 8 sold homes, 75% were sold under asking, 13% were sold at asking, and 13% were sold over asking.
Days on Market for Berryville, VA
How long does it take to sell a home in Berryville, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 27 Days | 78 Days | +190.5% |
Summary: Homes in Berryville had an average of 78 days on market in Nov 2024, up by 190.5% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Berryville are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 8 homes were sold in Berryville; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
