$120,000
0.51 Acres
Land
Teresa L Strohmeyer, Listing Office: ERA Oakcrest Realty, Inc.
Is Buckmarsh, 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, Buckmarsh has remained a Seller's Market.
Key Takeaway
Buckmarsh is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Buckmarsh, VA
How much do homes in Buckmarsh, VA cost?
Median Sold Price
$485,000
$242/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$15,000(+3.2%)
Key Takeaway
Homes in Buckmarsh have sold for 3.2% more than they did a year ago.
Summary: The median home sold price in Buckmarsh was $485,000 in November 2024, up 3.2% from last year, and the median price per square foot was $242.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $245K | $324.5K | +32.4% |
| 2 Bedrooms | $300K | $355.8K | +18.6% |
| 3 Bedrooms | $392.5K | $390K | -0.6% |
| 4 Bedrooms | $600K | $670K | +11.7% |
| 5+ Bedrooms | $950K | $585K | -38.4% |
Summary: Buckmarsh housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 32.4%, 2 bedroom homes increased by 18.6%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes increased by 11.7%, and 5+ bedroom homes decreased by 38.4%.
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 Buckmarsh, VA
How many homes are available in Buckmarsh, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 13 | +8.3% |
Summary: The Buckmarsh real estate market had 13 homes for sale in November 2024, a 8.3% increase 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 3 | 6 | +100.0% |
| 4 Bedrooms | 6 | 4 | -33.3% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Buckmarsh 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 remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Buckmarsh, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Buckmarsh in November 2024, up by 66.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.
Days on Market for Buckmarsh, VA
How long does it take to sell a home in Buckmarsh, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 6 Days | 12 Days | +113.3% |
Summary: Homes in Buckmarsh had an average of 12 days on market in Nov 2024, up by 113.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Buckmarsh are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in Buckmarsh; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
