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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dinwiddie County is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Dinwiddie County has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Dinwiddie County, VA

How much do homes in Dinwiddie County, VA cost?

Median Sold Price

$287,750

$187/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$12,750(+4.6%)

Key Takeaway

Homes in Dinwiddie County have sold for 4.6% more than they did a year ago.

Summary: The median home sold price in Dinwiddie County was $287,750 in November 2024, up 4.6% from last year, and the median price per square foot was $187.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $123K-
N/A
2 $115K$250.7K
+118.0%
3 $275K$279K
+1.5%
4 $300K$330K
+10.0%
5+ $375K$459.9K
+22.7%

Summary: Dinwiddie County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 118%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 22.7%.

Median Sold Price Compared To Nearby Counties

Nottoway County
+19.6%
Amelia County
+11.1%
Chesterfield County
+5.7%
Prince George County
+5.5%
Dinwiddie County
+4.6%

Housing Supply in Dinwiddie County, VA

How many homes are available in Dinwiddie County, VA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4644-4.3%

Summary: The Dinwiddie County real estate market had 44 homes for sale in November 2024, a 4.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 14
+300.0%
3 3533
-5.7%
4 85
-37.5%
5+ 22
0.0%

Summary: The Dinwiddie County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 300%, 3 bedroom homes decreased by 5.7%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1411-21.4%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dinwiddie County, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Dinwiddie County in November 2024, down by 21.4% month-over-month. Of the 11 sold homes, 45% were sold under asking, 18% were sold at asking, and 36% were sold over asking.

Days on Market for Dinwiddie County, VA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
36 Days51 Days+42.2%

Summary: Homes in Dinwiddie County had an average of 51 days on market in Nov 2024, up by 42.2% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 11 homes were sold in Dinwiddie County; 55% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 27% 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 20 Days Ago

Newest Listings in Dinwiddie County, VA

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