$1,128 Closing Credit*
$95,000
1,546 SqFt
3 Beds
•2 Full Baths
Callie Shorter, Listing Office: Mark A. Dalton & Co., Inc.
Is Diamond Hill, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Diamond Hill was a Buyer's Market.
Key Takeaway
Diamond Hill is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Diamond Hill, VA
How much do homes in Diamond Hill, VA cost?
Median Sold Price
$147,950
$126/sqft
Based on all homes sold in August 2024.
Difference Since Last Month
+$20,050(+15.7%)
Key Takeaway
Homes in Diamond Hill have sold for 15.7% more than they did a month ago.
Summary: The median home sold price in Diamond Hill was $147,950 in August 2024, up 15.7% from last month, and the median price per square foot was $126.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $156K | N/A |
| 3 Bedrooms | - | $22.9K | N/A |
| 4 Bedrooms | $127.9K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Diamond Hill housing prices by bedroom type for August 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 Diamond Hill, VA
How many homes are available in Diamond Hill, VA?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 17 | 19 | +11.8% |
Summary: The Diamond Hill real estate market had 19 homes for sale in August 2024, a 11.8% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 7 | 9 | +28.6% |
| 4 Bedrooms | 4 | 2 | -50.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Diamond Hill housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 28.6%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 1 | 4 | +300.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Diamond Hill, expect to pay close to the asking price. 75% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Diamond Hill in August 2024, up by 300.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 75% were sold at asking, and 0% were sold over asking.
Days on Market for Diamond Hill, VA
How long does it take to sell a home in Diamond Hill, VA?
Average Sale Time
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 38 Days | 20 Days | -46.1% |
Summary: Homes in Diamond Hill had an average of 20 days on market in Aug 2024, down by 46.1% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Diamond Hill are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 4 homes were sold in Diamond Hill; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
