$10,000 Closing Credit*
$854,000
3,840 SqFt
5 Beds
•4 Full Baths, 1 Partial
MARINA RINGSTROM, 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 October 2023
At the same time last year, Glenmore was a Seller's Market.
Key Takeaway
Glenmore is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Glenmore, VA
How much do homes in Glenmore, VA cost?
Median Sold Price
$1,125,000
$254/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$170,000(+17.8%)
Key Takeaway
Homes in Glenmore have sold for 17.8% more than they did a year ago.
Summary: The median home sold price in Glenmore was $1,125,000 in October 2024, up 17.8% from last year, and the median price per square foot was $254.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $680K | $500K | -26.5% |
| 3 Bedrooms | $624K | $999K | +60.1% |
| 4 Bedrooms | $965K | $1.2M | +30.6% |
| 5+ Bedrooms | $1.1M | $1.2M | +9.1% |
Summary: Glenmore 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 26.5%, 3 bedroom homes increased by 60.1%, 4 bedroom homes increased by 30.6%, and 5+ bedroom homes increased by 9.1%.
Housing Supply in Glenmore, VA
How many homes are available in Glenmore, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 8 | 0.0% |
Summary: The Glenmore real estate market had 8 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Glenmore 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Glenmore, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Glenmore in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Glenmore, VA
We’re sorry, we don't have information for this market at the moment
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were 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 October 2024, 1 homes were sold in Glenmore; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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.