$575,000
21.96 Acres
Land
Joyce E Gates, Listing Office: Long & Foster Real Estate, Inc.
Is Clarke County, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Clarke County has remained a Seller's Market.
Key Takeaway
Clarke County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Clarke County, VA
How much do homes in Clarke County, VA cost?
Median Sold Price
$513,750
$247/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$46,250(-8.3%)
Key Takeaway
Homes in Clarke County have sold for 8.3% less than they did a year ago.
Summary: The median home sold price in Clarke County was $513,750 in November 2024, down 8.3% from last year, and the median price per square foot was $247.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $245K | $270K | +10.2% |
| 2 Bedrooms | $318.2K | $350K | +10.0% |
| 3 Bedrooms | $463.9K | $448K | -3.4% |
| 4 Bedrooms | $600K | $655K | +9.2% |
| 5+ Bedrooms | $662.7K | $700K | +5.6% |
Summary: Clarke County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.2%, 2 bedroom homes increased by 10%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes increased by 9.2%, and 5+ bedroom homes increased by 5.6%.
Median Sold Price Compared To Nearby Counties
| Jefferson County | $364.2K | $411K | +12.8% |
| Warren County | $362.5K | $385K | +6.2% |
| Loudoun County | $685.7K | $726.2K | +5.9% |
| Frederick County | $399.7K | $415K | +3.8% |
| Clarke County | $560K | $513.7K | -8.3% |
Housing Supply in Clarke County, VA
How many homes are available in Clarke County, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 61 | 64 | +4.9% |
Summary: The Clarke County real estate market had 64 homes for sale in November 2024, a 4.9% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 9 | 6 | -33.3% |
| 3 Bedrooms | 19 | 23 | +21.1% |
| 4 Bedrooms | 19 | 18 | -5.3% |
| 5+ Bedrooms | 13 | 16 | +23.1% |
Summary: The Clarke County 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 decreased by 33.3%, 3 bedroom homes increased by 21.1%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes increased by 23.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 13 | +18.2% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Clarke County, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Clarke County in November 2024, up by 18.2% month-over-month. Of the 13 sold homes, 54% were sold under asking, 23% were sold at asking, and 23% were sold over asking.
Days on Market for Clarke County, VA
How long does it take to sell a home in Clarke County, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 50 Days | 59 Days | +17.0% |
Summary: Homes in Clarke County had an average of 59 days on market in Nov 2024, up by 17% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Clarke County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 13 homes were sold in Clarke County; 69% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
