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 October 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

$286,500

$186/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$19,500(+7.3%)

Key Takeaway

Homes in Dinwiddie County have sold for 7.3% more than they did a year ago.

Summary: The median home sold price in Dinwiddie County was $286,500 in October 2024, up 7.3% from last year, and the median price per square foot was $186.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $123K-
N/A
2 $110K$250.7K
+128.0%
3 $269.5K$279K
+3.5%
4 $300K$330K
+10.0%
5+ $364.5K$420K
+15.2%

Summary: Dinwiddie 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 128%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 15.2%.

Median Sold Price Compared To Nearby Counties

Nottoway County
+28.9%
Amelia County
+8.4%
Chesterfield County
+7.5%
Dinwiddie County
+7.3%
Prince George County
+7.1%

Housing Supply in Dinwiddie County, VA

How many homes are available in Dinwiddie County, VA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
45450.0%

Summary: The Dinwiddie County real estate market had 45 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 3335
+6.1%
4 97
-22.2%
5+ 12
+100.0%

Summary: The Dinwiddie 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 decreased by 50%, 3 bedroom homes increased by 6.1%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
14140.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

5 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. 35.7% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in Dinwiddie County in October 2024, the same as the previous month. Of the 14 sold homes, 36% were sold under asking, 29% 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

Oct 2023Oct 2024CHANGE
22 Days22 Days-0.5%

Summary: Homes in Dinwiddie County had an average of 22 days on market in Oct 2024, down by 0.5% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 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 October 2024, 14 homes were sold in Dinwiddie County; 79% of homes were sold within 30 days, 21% 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 4 Days Ago

Newest Listings in Dinwiddie County, VA

Nearby Markets to Dinwiddie County, VA

What housing markets are near Dinwiddie County, VA?