Is Dickenson County, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dickenson County is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Dickenson County was a Seller's Market.

Key Takeaway

Dickenson County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Dickenson County, VA

How much do homes in Dickenson County, VA cost?

Median Sold Price

$138,000

$100/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$18,000(+15.0%)

Key Takeaway

Homes in Dickenson County have sold for 15% more than they did a year ago.

Summary: The median home sold price in Dickenson County was $138,000 in October 2024, up 15% from last year, and the median price per square foot was $100.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$65K
N/A
2 $82K$85K
+3.7%
3 $121K$138K
+14.0%
4 $157K$270K
+72.0%
5+ $185.5K$287K
+54.7%

Summary: Dickenson County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.7%, 3 bedroom homes increased by 14%, 4 bedroom homes increased by 72%, and 5+ bedroom homes increased by 54.7%.

Median Sold Price Compared To Nearby Counties

Wise County
+15.8%
Dickenson County
+15.0%
Russell County
+2.9%

Housing Supply in Dickenson County, VA

How many homes are available in Dickenson County, VA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3128-9.7%

Summary: The Dickenson County real estate market had 28 homes for sale in October 2024, a 9.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 44
0.0%
3 2014
-30.0%
4 46
+50.0%
5+ 34
+33.3%

Summary: The Dickenson County 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 decreased by 30%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 3 homes were sold or pending in Dickenson County in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Dickenson County, VA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
53 Days113 Days+112.1%

Summary: Homes in Dickenson County had an average of 113 days on market in Oct 2024, up by 112.1% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Dickenson County are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 3 homes were sold in Dickenson County; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% 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 23 Days Ago

Newest Listings in Dickenson County, VA

Nearby Markets to Dickenson County, VA

What housing markets are near Dickenson County, VA?