$4,986 Closing Credit*
$419,900
1,686 SqFt
3 Beds
•2 Full Baths
Michael May, Listing Office: Harris & Assoc, Inc
Is Dinwiddie, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Dinwiddie has remained a Seller's Market.
Key Takeaway
Dinwiddie is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Dinwiddie, VA
How much do homes in Dinwiddie, VA cost?
Median Sold Price
$300,000
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$6,500(+2.2%)
Key Takeaway
Homes in Dinwiddie have sold for 2.2% more than they did a year ago.
Summary: The median home sold price in Dinwiddie was $300,000 in October 2024, up 2.2% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $111.1K | $300K | +169.8% |
| 3 Bedrooms | $293.5K | $279.4K | -4.8% |
| 4 Bedrooms | $295K | $377K | +27.8% |
| 5+ Bedrooms | $515K | $544K | +5.6% |
Summary: Dinwiddie 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 169.8%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes increased by 27.8%, and 5+ bedroom homes increased by 5.6%.
Median Sold Price Compared To Nearby Cities
| Petersburg | $215K | $239.3K | +11.3% |
| Mc Kenney | $210K | $220K | +4.8% |
| Dinwiddie | $293.5K | $300K | +2.2% |
Housing Supply in Dinwiddie, VA
How many homes are available in Dinwiddie, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 14 | +27.3% |
Summary: The Dinwiddie real estate market had 14 homes for sale in October 2024, a 27.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 10 | 12 | +20.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Dinwiddie 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 20%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 4 | +300.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Dinwiddie, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Dinwiddie in October 2024, up by 300.0% month-over-month. Of the 4 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Dinwiddie, VA
How long does it take to sell a home in Dinwiddie, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 32 Days | 15 Days | -53.3% |
Summary: Homes in Dinwiddie had an average of 15 days on market in Oct 2024, down by 53.3% compared to last year.
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 Dinwiddie are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in Dinwiddie; 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.
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