$45,500
7.70 Acres
Land
Andre Bell, Listing Office: ICON Realty Group
Is Ford, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Ford has remained a Seller's Market.
Key Takeaway
Ford is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ford, VA
How much do homes in Ford, VA cost?
Median Sold Price
$220,000
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$25,000(-10.2%)
Key Takeaway
Homes in Ford have sold for 10.2% less than they did a year ago.
Summary: The median home sold price in Ford was $220,000 in November 2024, down 10.2% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $210K | $200K | -4.8% |
| 4 Bedrooms | $300K | $419.9K | +40.0% |
| 5+ Bedrooms | - | $220K | N/A |
Summary: Ford 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 decreased by 4.8%, 4 bedroom homes increased by 40%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Amelia Court House | $305K | $339K | +11.1% |
| Ford | $245K | $220K | -10.2% |
Housing Supply in Ford, VA
How many homes are available in Ford, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Summary: The Ford real estate market had 3 homes for sale in November 2024, a 25.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Ford 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 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ford, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Ford in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Ford, VA
How long does it take to sell a home in Ford, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 12 Days | 97 Days | +712.5% |
Summary: Homes in Ford had an average of 97 days on market in Nov 2024, up by 712.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Ford has remained consistent over time.
Summary: During November 2024, 2 homes were sold in Ford; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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