$4,453 Closing Credit*
$375,000
1,568 SqFt
3 Beds
•2 Full Baths
Ryan Medlin, Listing Office: RE/MAX Commonwealth
Is Chickahominy, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Chickahominy has remained a Seller's Market.
Key Takeaway
Chickahominy is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Chickahominy, VA
How much do homes in Chickahominy, VA cost?
Median Sold Price
$500,000
$204/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$22,773(+4.8%)
Key Takeaway
Homes in Chickahominy have sold for 4.8% more than they did a year ago.
Summary: The median home sold price in Chickahominy was $500,000 in October 2024, up 4.8% from last year, and the median price per square foot was $204.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $325K | $402.4K | +23.8% |
| 3 Bedrooms | $400K | $405K | +1.3% |
| 4 Bedrooms | $515K | $531.2K | +3.2% |
| 5+ Bedrooms | $603K | $595K | -1.3% |
Summary: Chickahominy housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 23.8%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes decreased by 1.3%.
Median Sold Price Compared To Nearby Cities
| Henry | $430K | $490K | +14.0% |
| Mechanicsville | $414.7K | $450.2K | +8.6% |
| Glen Allen | $469.4K | $508.3K | +8.3% |
| Chickahominy | $477.2K | $500K | +4.8% |
| Fairfield | $327.7K | $341.2K | +4.1% |
Housing Supply in Chickahominy, VA
How many homes are available in Chickahominy, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 63 | 71 | +12.7% |
Summary: The Chickahominy real estate market had 71 homes for sale in October 2024, a 12.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 22 | 23 | +4.5% |
| 4 Bedrooms | 29 | 35 | +20.7% |
| 5+ Bedrooms | 11 | 12 | +9.1% |
Summary: The Chickahominy 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 remained the same, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 20.7%, and 5+ bedroom homes increased by 9.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 20 | +53.8% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Chickahominy, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 20 homes were sold or pending in Chickahominy in October 2024, up by 53.8% month-over-month. Of the 20 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.
Days on Market for Chickahominy, VA
How long does it take to sell a home in Chickahominy, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 15 Days | 10 Days | -28.1% |
Summary: Homes in Chickahominy had an average of 10 days on market in Oct 2024, down by 28.1% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Chickahominy are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 20 homes were sold in Chickahominy; 85% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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