$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 December 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
$505,000
$244/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$66,000(+15.0%)
Key Takeaway
Homes in Buckmarsh have sold for 15% more than they did a year ago.
Summary: The median home sold price in Buckmarsh was $505,000 in December 2024, up 15% from last year, and the median price per square foot was $244.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $245K | $324.5K | +32.4% |
| 2 Bedrooms | $300K | $352.9K | +17.6% |
| 3 Bedrooms | $392.5K | $390K | -0.6% |
| 4 Bedrooms | $605K | $670K | +10.7% |
| 5+ Bedrooms | $950K | $585K | -38.4% |
Summary: Buckmarsh housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 32.4%, 2 bedroom homes increased by 17.6%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes decreased by 38.4%.
Housing Supply in Buckmarsh, VA
How many homes are available in Buckmarsh, VA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 12 | 7 | -41.7% |
Summary: The Buckmarsh real estate market had 7 homes for sale in December 2024, a 41.7% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 5 | 3 | -40.0% |
| 4 Bedrooms | 4 | 2 | -50.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Buckmarsh 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 40%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Buckmarsh, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Buckmarsh in December 2024, down by 40.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 31 Days | 61 Days | +96.8% |
Summary: Homes in Buckmarsh had an average of 61 days on market in Dec 2024, up by 96.8% compared to last year.
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 Buckmarsh are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 3 homes were sold in Buckmarsh; 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.
