Is Glade Hill, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Glade Hill is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Glade Hill, VA

How much do homes in Glade Hill, VA cost?

Median Sold Price

$339,950

$181/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$95,950(+39.3%)

Key Takeaway

Homes in Glade Hill have sold for 39.3% more than they did a year ago.

Summary: The median home sold price in Glade Hill was $339,950 in October 2024, up 39.3% from last year, and the median price per square foot was $181.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $130K-
N/A
2 $280.2K$192.4K
-31.3%
3 $244K$330K
+35.2%
4 $440K$510K
+15.9%
5+ $950K$790K
-16.8%

Summary: Glade Hill 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 decreased by 31.3%, 3 bedroom homes increased by 35.2%, 4 bedroom homes increased by 15.9%, and 5+ bedroom homes decreased by 16.8%.

Median Sold Price Compared To Nearby Cities

Glade Hill
+39.3%
Union Hall
+17.9%
Wirtz
+14.0%
Gills Creek
+12.0%
Snow Creek
+1.7%

Housing Supply in Glade Hill, VA

How many homes are available in Glade Hill, VA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1315+15.4%

Summary: The Glade Hill real estate market had 15 homes for sale in October 2024, a 15.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 47
+75.0%
4 75
-28.6%
5+ 12
+100.0%

Summary: The Glade Hill 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 increased by 75%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Glade Hill, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Glade Hill in October 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Glade Hill, VA

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

Newest Listings in Glade Hill, VA

Nearby Markets to Glade Hill, VA

What housing markets are near Glade Hill, VA?