Is Buckroe, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Buckroe is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Buckroe has remained a Seller's Market.

Key Takeaway

Buckroe is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Buckroe, VA

How much do homes in Buckroe, VA cost?

Median Sold Price

$303,900

$219/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$23,900(+8.5%)

Key Takeaway

Homes in Buckroe have sold for 8.5% more than they did a month ago.

Summary: The median home sold price in Buckroe was $303,900 in October 2024, up 8.5% from last month, and the median price per square foot was $219.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $246.5K-
N/A
3 -$303.9K
N/A
4 $280K-
N/A
5+ --
N/A

Summary: Buckroe housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 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.

Housing Supply in Buckroe, VA

How many homes are available in Buckroe, VA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
117119+1.7%

Summary: The Buckroe real estate market had 119 homes for sale in October 2024, a 1.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 2725
-7.4%
3 5657
+1.8%
4 2930
+3.4%
5+ 57
+40.0%

Summary: The Buckroe housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 7.4%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 40%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2520-20.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Buckroe, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in Buckroe in October 2024, down by 20.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Buckroe, VA

How long does it take to sell a home in Buckroe, VA?

Average Sale Time

Sep 2024Oct 2024CHANGE
64 Days54 Days-15.9%

Summary: Homes in Buckroe had an average of 54 days on market in Oct 2024, down by 15.9% compared to last month.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Buckroe has remained consistent over time.

Summary: During October 2024, 20 homes were sold in Buckroe; 35% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Buckroe, VA

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