$4,345 Closing Credit*
$365,900
1,956 SqFt
3 Beds
•2 Full Baths
Thomas E Luster, Listing Office: Epique Realty
Is Cunningham, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Cunningham has remained a Seller's Market.
Key Takeaway
Cunningham is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cunningham, VA
How much do homes in Cunningham, VA cost?
Median Sold Price
$372,427
$237/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$67,217(+22.0%)
Key Takeaway
Homes in Cunningham have sold for 22% more than they did a month ago.
Summary: The median home sold price in Cunningham was $372,427 in November 2024, up 22% from last month, and the median price per square foot was $237.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $161.5K | - | N/A |
| 2 Bedrooms | $301K | $304K | +1.0% |
| 3 Bedrooms | $309.4K | $449K | +45.1% |
| 4 Bedrooms | - | $362.7K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Cunningham housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1%, 3 bedroom homes increased by 45.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Fork Union | $242K | $825K | +240.9% |
| Cunningham | $305.2K | $372.4K | +22.0% |
Housing Supply in Cunningham, VA
How many homes are available in Cunningham, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 28 | 24 | -14.3% |
Summary: The Cunningham real estate market had 24 homes for sale in November 2024, a 14.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 18 | 15 | -16.7% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Cunningham housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cunningham, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in Cunningham in November 2024, down by 16.7% month-over-month. Of the 5 sold homes, 0% were sold under asking, 60% were sold at asking, and 40% were sold over asking.
Days on Market for Cunningham, VA
How long does it take to sell a home in Cunningham, VA?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 Days | 45 Days | +442.4% |
Summary: Homes in Cunningham had an average of 45 days on market in Nov 2024, up by 442.4% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Cunningham are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in Cunningham; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% 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