Is Chase City, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Chase City is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Chase City, VA

How much do homes in Chase City, VA cost?

Median Sold Price

$135,000

$35/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$112,500(+500.0%)

Key Takeaway

Homes in Chase City have sold for 500% more than they did a month ago.

Summary: The median home sold price in Chase City was $135,000 in November 2024, up 500% from last month, and the median price per square foot was $35.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $22.5K-
N/A
3 --
N/A
4 --
N/A
5+ -$135K
N/A

Summary: Chase City housing prices by bedroom type for November 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 Chase City, VA

How many homes are available in Chase City, VA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
220.0%

Summary: The Chase City real estate market had 2 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 00
0.0%
4 00
0.0%
5+ 11
0.0%

Summary: The Chase City 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

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 Chase City, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Chase City in November 2024, the same as the previous 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 Chase City, VA

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

Average Sale Time

Oct 2024Nov 2024CHANGE
6 Days13 Days+116.7%

Summary: Homes in Chase City had an average of 13 days on market in Nov 2024, up by 116.7% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Chase City are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in Chase City; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 4 Days Ago

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