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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Countryside is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Countryside has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Countryside, VA

How much do homes in Countryside, VA cost?

Median Sold Price

$626,749

$295/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$26,749(+4.5%)

Key Takeaway

Homes in Countryside have sold for 4.5% more than they did a year ago.

Summary: The median home sold price in Countryside was $626,749 in October 2024, up 4.5% from last year, and the median price per square foot was $295.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $387.5K$391.9K
+1.1%
3 $527.5K$578.7K
+9.7%
4 $735K$812.5K
+10.5%
5+ $920K$905K
-1.6%

Summary: Countryside 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 1.1%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes decreased by 1.6%.

Housing Supply in Countryside, VA

How many homes are available in Countryside, VA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2620-23.1%

Summary: The Countryside real estate market had 20 homes for sale in October 2024, a 23.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 1410
-28.6%
4 97
-22.2%
5+ 01
+100.0%

Summary: The Countryside 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 decreased by 28.6%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
108-20.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Countryside, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.

Summary: A total of 8 homes were sold or pending in Countryside in October 2024, down by 20.0% month-over-month. Of the 8 sold homes, 25% were sold under asking, 13% were sold at asking, and 63% were sold over asking.

Days on Market for Countryside, VA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
7 Days15 Days+102.2%

Summary: Homes in Countryside had an average of 15 days on market in Oct 2024, up by 102.2% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 8 homes were sold in Countryside; 88% of homes were sold within 30 days, 13% 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 21 Days Ago

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