$2,553 Closing Credit*
$215,000
1,129 SqFt
3 Beds
•1 Full Bath
CHRISTIANE E GATHRIGHT, Listing Office: CENTRAL VIRGINIA COUNTRY REALTY, LLC
Is Buckingham, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Buckingham has remained a Seller's Market.
Key Takeaway
Buckingham is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Buckingham, VA
How much do homes in Buckingham, VA cost?
Median Sold Price
$309,900
$228/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
-$87,100(-21.9%)
Key Takeaway
Homes in Buckingham have sold for 21.9% less than they did a month ago.
Summary: The median home sold price in Buckingham was $309,900 in December 2024, down 21.9% from last month, and the median price per square foot was $228.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $315K | $264.5K | -16.0% |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | $309.9K | N/A |
| 4 Bedrooms | $479K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Buckingham housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 16%, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| South | $580K | $1.4M | +154.3% |
| Buckingham | $397K | $309.9K | -21.9% |
Housing Supply in Buckingham, VA
How many homes are available in Buckingham, VA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 10 | 11 | +10.0% |
Summary: The Buckingham real estate market had 11 homes for sale in December 2024, a 10.0% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 5 | 8 | +60.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Buckingham housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 60%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Buckingham, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Buckingham in December 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Buckingham, VA
How long does it take to sell a home in Buckingham, VA?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 16 Days | 62 Days | +289.6% |
Summary: Homes in Buckingham had an average of 62 days on market in Dec 2024, up by 289.6% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Buckingham are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 3 homes were sold in Buckingham; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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