$10,000 Closing Credit*
$982,000
2,924 SqFt
4 Beds
•3 Full Baths, 1 Partial
CINDY RIGGS, Listing Office: LONG & FOSTER - GLENMORE
Is Glenmore, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Glenmore has remained a Seller's Market.
Key Takeaway
Glenmore is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Glenmore, VA
How much do homes in Glenmore, VA cost?
Median Sold Price
$1,410,000
$248/sqft
Based on all homes sold in September 2024.
Difference Since Last Month
+$100,000(+7.6%)
Key Takeaway
Homes in Glenmore have sold for 7.6% more than they did a month ago.
Summary: The median home sold price in Glenmore was $1,410,000 in September 2024, up 7.6% from last month, and the median price per square foot was $248.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $999K | - | N/A |
| 4 Bedrooms | $1.2M | $1.8M | +49.4% |
| 5+ Bedrooms | $1.5M | $945K | -40.3% |
Summary: Glenmore housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 49.4%, and 5+ bedroom homes decreased by 40.3%.
Housing Supply in Glenmore, VA
How many homes are available in Glenmore, VA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 9 | 6 | -33.3% |
Summary: The Glenmore real estate market had 6 homes for sale in September 2024, a 33.3% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 5 | 3 | -40.0% |
Summary: The Glenmore housing inventory by bedroom type for September 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 50%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 6 | 2 | -66.7% |
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 Glenmore, 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 Glenmore in September 2024, down by 66.7% 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 Glenmore, VA
How long does it take to sell a home in Glenmore, VA?
Average Sale Time
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 18 Days | 22 Days | +21.6% |
Summary: Homes in Glenmore had an average of 22 days on market in Sep 2024, up by 21.6% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Glenmore are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 2 homes were sold in Glenmore; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
