$6,049 Closing Credit*
$509,397
2,194 SqFt
3 Beds
•2 Full Baths, 2 Partial
AMANDA KATE LEMON, Listing Office: NEST REALTY GROUP
Is Crozet, 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, Crozet has remained a Seller's Market.
Key Takeaway
Crozet is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Crozet, VA
How much do homes in Crozet, VA cost?
Median Sold Price
$574,200
$241/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$35,033(+6.5%)
Key Takeaway
Homes in Crozet have sold for 6.5% more than they did a year ago.
Summary: The median home sold price in Crozet was $574,200 in November 2024, up 6.5% from last year, and the median price per square foot was $241.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $290K | N/A |
| 2 Bedrooms | $322.4K | $300K | -7.0% |
| 3 Bedrooms | $446K | $503.4K | +12.9% |
| 4 Bedrooms | $650.1K | $630K | -3.1% |
| 5+ Bedrooms | $815K | $875K | +7.4% |
Summary: Crozet housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7%, 3 bedroom homes increased by 12.9%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes increased by 7.4%.
Median Sold Price Compared To Nearby Cities
| White Hall | $541.2K | $595.2K | +10.0% |
| Crozet | $539.1K | $574.2K | +6.5% |
Housing Supply in Crozet, VA
How many homes are available in Crozet, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 85 | 70 | -17.6% |
Summary: The Crozet real estate market had 70 homes for sale in November 2024, a 17.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 37 | 31 | -16.2% |
| 4 Bedrooms | 29 | 25 | -13.8% |
| 5+ Bedrooms | 18 | 12 | -33.3% |
Summary: The Crozet 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 increased by 100%, 3 bedroom homes decreased by 16.2%, 4 bedroom homes decreased by 13.8%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 31 | 21 | -32.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Crozet, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in Crozet in November 2024, down by 32.3% month-over-month. Of the 20 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for Crozet, VA
How long does it take to sell a home in Crozet, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 23 Days | 19 Days | -18.0% |
Summary: Homes in Crozet had an average of 19 days on market in Nov 2024, down by 18% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Crozet are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 21 homes were sold in Crozet; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Information is provided by Charlottesville Area Association of Realtors®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. 
All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2024 Central Virginia Regional Multiple Listing Service,LLC. All rights reserved