Is Dunnsville, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dunnsville is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Dunnsville, VA

How much do homes in Dunnsville, VA cost?

Median Sold Price

$337,450

$213/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$82,650(+32.4%)

Key Takeaway

Homes in Dunnsville have sold for 32.4% more than they did a year ago.

Summary: The median home sold price in Dunnsville was $337,450 in November 2024, up 32.4% from last year, and the median price per square foot was $213.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $169.6K-
N/A
3 $254.8K$292K
+14.6%
4 $330K$505K
+53.0%
5+ $824.9K$450K
-45.5%

Summary: Dunnsville 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 did not change, 3 bedroom homes increased by 14.6%, 4 bedroom homes increased by 53%, and 5+ bedroom homes decreased by 45.5%.

Median Sold Price Compared To Nearby Cities

Dunnsville
+32.4%
South
+3.0%

Housing Supply in Dunnsville, VA

How many homes are available in Dunnsville, VA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1816-11.1%

Summary: The Dunnsville real estate market had 16 homes for sale in November 2024, a 11.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1212
0.0%
4 31
-66.7%
5+ 11
0.0%

Summary: The Dunnsville 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dunnsville, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Dunnsville in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Dunnsville, VA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
50 Days35 Days-30.9%

Summary: Homes in Dunnsville had an average of 35 days on market in Nov 2024, down by 30.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 2 homes were sold in Dunnsville; 50% of homes were sold within 30 days, 50% 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 21 Days Ago

Newest Listings in Dunnsville, VA

Nearby Markets to Dunnsville, VA

What housing markets are near Dunnsville, VA?