$10,000 Closing Credit*
$995,900
3,922 SqFt
4 Beds
•3 Full Baths, 1 Partial
DEMPSEY JONES, Listing Office: RE/MAX ADVANTAGE PLUS
Is Charlotte County, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Charlotte County was a Seller's Market.
Key Takeaway
Charlotte County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Charlotte County, VA
How much do homes in Charlotte County, VA cost?
Median Sold Price
$274,500
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$92,020(-25.1%)
Key Takeaway
Homes in Charlotte County have sold for 25.1% less than they did a year ago.
Summary: The median home sold price in Charlotte County was $274,500 in October 2024, down 25.1% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $240K | $247.4K | +3.1% |
| 2 Bedrooms | $118.5K | $128.8K | +8.7% |
| 3 Bedrooms | $459.8K | $258K | -43.9% |
| 4 Bedrooms | $320K | $440.5K | +37.7% |
| 5+ Bedrooms | $499.5K | $343.5K | -31.2% |
Summary: Charlotte County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.1%, 2 bedroom homes increased by 8.7%, 3 bedroom homes decreased by 43.9%, 4 bedroom homes increased by 37.7%, and 5+ bedroom homes decreased by 31.2%.
Median Sold Price Compared To Nearby Counties
| Prince Edward County | $265K | $300K | +13.2% |
| Appomattox County | $269.9K | $279K | +3.4% |
| Campbell County | $268K | $269.9K | +0.7% |
| Charlotte County | $366.5K | $274.5K | -25.1% |
Housing Supply in Charlotte County, VA
How many homes are available in Charlotte County, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 | 31 | +14.8% |
Summary: The Charlotte County real estate market had 31 homes for sale in October 2024, a 14.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 16 | 21 | +31.3% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Charlotte County 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 33.3%, 3 bedroom homes increased by 31.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Charlotte County, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Charlotte County in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Charlotte County, VA
How long does it take to sell a home in Charlotte County, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 14 Days | 74 Days | +423.5% |
Summary: Homes in Charlotte County had an average of 74 days on market in Oct 2024, up by 423.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Charlotte County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Charlotte County; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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