$3,918 Closing Credit*
$329,900
1,416 SqFt
3 Beds
•2 Full Baths
Brian Doman, Listing Office: Preslee Real Estate
Is Fort Valley, 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, Fort Valley has remained a Seller's Market.
Key Takeaway
Fort Valley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Fort Valley, VA
How much do homes in Fort Valley, VA cost?
Median Sold Price
$369,250
$206/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$29,750(-7.5%)
Key Takeaway
Homes in Fort Valley have sold for 7.5% less than they did a year ago.
Summary: The median home sold price in Fort Valley was $369,250 in October 2024, down 7.5% from last year, and the median price per square foot was $206.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $500K | $227.7K | -54.5% |
| 2 Bedrooms | $275K | $259.9K | -5.5% |
| 3 Bedrooms | $402.7K | $449.5K | +11.6% |
| 4 Bedrooms | $399K | $332K | -16.8% |
| 5+ Bedrooms | - | $456.7K | N/A |
Summary: Fort Valley housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 54.5%, 2 bedroom homes decreased by 5.5%, 3 bedroom homes increased by 11.6%, 4 bedroom homes decreased by 16.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Fork | $362.5K | $410K | +13.1% |
| South River | $345K | $362.5K | +5.1% |
| Maurertown | $340K | $330K | -2.9% |
| Fort Valley | $399K | $369.2K | -7.5% |
| Bentonville | $422.5K | $374.9K | -11.3% |
Housing Supply in Fort Valley, VA
How many homes are available in Fort Valley, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 8 | -11.1% |
Summary: The Fort Valley real estate market had 8 homes for sale in October 2024, a 11.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Fort Valley 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 decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Fort Valley, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Fort Valley in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Fort Valley, VA
How long does it take to sell a home in Fort Valley, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 76 Days | 114 Days | +50.0% |
Summary: Homes in Fort Valley had an average of 114 days on market in Oct 2024, up by 50% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Fort Valley are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 3 homes were sold in Fort Valley; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
