$4,453 Closing Credit*
$375,000
1,740 SqFt
3 Beds
•2 Full Baths, 2 Partial
Robin B Gebhardt, Listing Office: Real Broker, LLC
Is Frederick County, 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, Frederick County has remained a Seller's Market.
Key Takeaway
Frederick County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Frederick County, VA
How much do homes in Frederick County, VA cost?
Median Sold Price
$415,027
$203/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$15,249(+3.8%)
Key Takeaway
Homes in Frederick County have sold for 3.8% more than they did a year ago.
Summary: The median home sold price in Frederick County was $415,027 in November 2024, up 3.8% from last year, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $179K | $176K | -1.7% |
| 2 Bedrooms | $244.9K | $255K | +4.1% |
| 3 Bedrooms | $359.6K | $375K | +4.3% |
| 4 Bedrooms | $466.1K | $519.9K | +11.6% |
| 5+ Bedrooms | $590K | $576.4K | -2.3% |
Summary: Frederick County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.7%, 2 bedroom homes increased by 4.1%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 11.6%, and 5+ bedroom homes decreased by 2.3%.
Median Sold Price Compared To Nearby Counties
| Hampshire County | $230K | $249.9K | +8.7% |
| Warren County | $362.5K | $385K | +6.2% |
| Shenandoah County | $309.9K | $328.8K | +6.1% |
| Frederick County | $399.7K | $415K | +3.8% |
| Clarke County | $560K | $513.7K | -8.3% |
Housing Supply in Frederick County, VA
How many homes are available in Frederick County, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 433 | 424 | -2.1% |
Summary: The Frederick County real estate market had 424 homes for sale in November 2024, a 2.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 49 | 49 | 0.0% |
| 3 Bedrooms | 202 | 194 | -4.0% |
| 4 Bedrooms | 135 | 131 | -3.0% |
| 5+ Bedrooms | 46 | 48 | +4.3% |
Summary: The Frederick County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 4%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes increased by 4.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 108 | 97 | -10.2% |
Asking Price vs. Sold Price
41 Homes Were Sold
Under Asking
30 Homes Were Sold
At Asking
26 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Frederick County, you may be able to get a good deal. 42.3% of homes here sold below asking price last month.
Summary: A total of 97 homes were sold or pending in Frederick County in November 2024, down by 10.2% month-over-month. Of the 97 sold homes, 42% were sold under asking, 31% were sold at asking, and 27% were sold over asking.
Days on Market for Frederick County, VA
How long does it take to sell a home in Frederick County, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 37 Days | 41 Days | +9.2% |
Summary: Homes in Frederick County had an average of 41 days on market in Nov 2024, up by 9.2% compared to last year.
Breakdown of Home Sale Times
58 Homes Were Sold
Under 30 Days
29 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Frederick County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 97 homes were sold in Frederick County; 60% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
Information is provided by Charlottesville Area Association of Realtors®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user.