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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Delaplane is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Delaplane has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Delaplane, VA

How much do homes in Delaplane, VA cost?

Median Sold Price

$3,100,000

$298/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$2,520,000(+434.5%)

Key Takeaway

Homes in Delaplane have sold for 434.5% more than they did a month ago.

Summary: The median home sold price in Delaplane was $3,100,000 in October 2024, up 434.5% from last month, and the median price per square foot was $298.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 $580K-
N/A
5+ -$3.1M
N/A

Summary: Delaplane housing prices by bedroom type for October 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Delaplane, VA

How many homes are available in Delaplane, VA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
510+100.0%

Summary: The Delaplane real estate market had 10 homes for sale in October 2024, a 100.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 24
+100.0%
4 12
+100.0%
5+ 24
+100.0%

Summary: The Delaplane 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 remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Delaplane, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Delaplane in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Delaplane, VA

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

Average Sale Time

Sep 2024Oct 2024CHANGE
91 Days0 Days-99.5%

Summary: Homes in Delaplane had an average of 0 days on market in Oct 2024, down by 99.5% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 2 homes were sold in Delaplane; 100% of homes were sold within 30 days, 0% 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 13 Days Ago

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