Is Goochland, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Goochland is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Goochland was a Buyer's Market.

Key Takeaway

Goochland is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Goochland, VA

How much do homes in Goochland, VA cost?

Median Sold Price

$560,875

$222/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$171,375(+44.0%)

Key Takeaway

Homes in Goochland have sold for 44% more than they did a year ago.

Summary: The median home sold price in Goochland was $560,875 in November 2024, up 44% from last year, and the median price per square foot was $222.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $220K$263.7K
+19.9%
3 $355K$400K
+12.7%
4 $590K$635K
+7.6%
5+ $696.1K$674.9K
-3.0%

Summary: Goochland housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 19.9%, 3 bedroom homes increased by 12.7%, 4 bedroom homes increased by 7.6%, and 5+ bedroom homes decreased by 3%.

Median Sold Price Compared To Nearby Cities

Goochland
+44.0%
Gum Spring
+15.0%
Columbia
+12.5%
Maidens
+10.0%

Housing Supply in Goochland, VA

How many homes are available in Goochland, VA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4652+13.0%

Summary: The Goochland real estate market had 52 homes for sale in November 2024, a 13.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 910
+11.1%
4 2428
+16.7%
5+ 1214
+16.7%

Summary: The Goochland housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
58+60.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

5 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Goochland, expect to pay close to the asking price. 62.5% of homes here sold near the asking price last month.

Summary: A total of 8 homes were sold or pending in Goochland in November 2024, up by 60.0% month-over-month. Of the 8 sold homes, 13% were sold under asking, 63% were sold at asking, and 25% were sold over asking.

Days on Market for Goochland, VA

How long does it take to sell a home in Goochland, VA?

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Goochland are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 8 homes were sold in Goochland; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.

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

Report Updated 2 Days Ago

Newest Listings in Goochland, VA

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What housing markets are near Goochland, VA?