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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Courthouse is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Courthouse was a Neutral Market.

Key Takeaway

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

Housing Prices in Courthouse, VA

How much do homes in Courthouse, VA cost?

Median Sold Price

$303,000

$146/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$233,000(+332.9%)

Key Takeaway

Homes in Courthouse have sold for 332.9% more than they did a month ago.

Summary: The median home sold price in Courthouse was $303,000 in December 2024, up 332.9% from last month, and the median price per square foot was $146.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 $70K$196.5K
+180.7%
4 -$365K
N/A
5+ --
N/A

Summary: Courthouse housing prices by bedroom type for December 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 increased by 180.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Courthouse, VA

How many homes are available in Courthouse, VA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
660.0%

Summary: The Courthouse real estate market had 6 homes for sale in December 2024, the same as November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 00
0.0%
3 44
0.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Courthouse housing inventory by bedroom type for December 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

Nov 2024Dec 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Courthouse, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Courthouse in December 2024, up by 300.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Courthouse, VA

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

Average Sale Time

Nov 2024Dec 2024CHANGE
72 Days47 Days-34.4%

Summary: Homes in Courthouse had an average of 47 days on market in Dec 2024, down by 34.4% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 4 homes were sold in Courthouse; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 2 Days Ago

Newest Listings in Courthouse, VA

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