$5,295 Closing Credit*
$445,900
1,320 SqFt
3 Beds
•3 Full Baths, 1 Partial
Jarbi Bonilla, Listing Office: Bradley Group Realtors
Is Garrisonville, 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, Garrisonville has remained a Seller's Market.
Key Takeaway
Garrisonville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Garrisonville, VA
How much do homes in Garrisonville, VA cost?
Median Sold Price
$505,000
$223/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$7,500(+1.5%)
Key Takeaway
Homes in Garrisonville have sold for 1.5% more than they did a year ago.
Summary: The median home sold price in Garrisonville was $505,000 in October 2024, up 1.5% from last year, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $310K | $320K | +3.2% |
| 3 Bedrooms | $409.9K | $419K | +2.2% |
| 4 Bedrooms | $520K | $557.5K | +7.2% |
| 5+ Bedrooms | $565K | $589.4K | +4.3% |
Summary: Garrisonville 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 3.2%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 7.2%, and 5+ bedroom homes increased by 4.3%.
Median Sold Price Compared To Nearby Cities
| Griffis-Widewater | $469.9K | $499.9K | +6.4% |
| Aquia | $469.5K | $496.8K | +5.8% |
| Rock Hill | $533K | $561.8K | +5.4% |
| Stafford | $513.2K | $535K | +4.2% |
| Garrisonville | $497.5K | $505K | +1.5% |
Housing Supply in Garrisonville, VA
How many homes are available in Garrisonville, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 32 | 33 | +3.1% |
Summary: The Garrisonville real estate market had 33 homes for sale in October 2024, a 3.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 13 | 12 | -7.7% |
| 4 Bedrooms | 10 | 10 | 0.0% |
| 5+ Bedrooms | 8 | 11 | +37.5% |
Summary: The Garrisonville 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 100%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 37.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 8 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Garrisonville, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in Garrisonville in October 2024, down by 33.3% month-over-month. Of the 8 sold homes, 13% were sold under asking, 38% were sold at asking, and 50% were sold over asking.
Days on Market for Garrisonville, VA
How long does it take to sell a home in Garrisonville, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 12 Days | 20 Days | +66.0% |
Summary: Homes in Garrisonville had an average of 20 days on market in Oct 2024, up by 66% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Garrisonville are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 8 homes were sold in Garrisonville; 63% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
