$3,741 Closing Credit*
$315,000
1,572 SqFt
4 Beds
•2 Full Baths
STASIA M RICE, Listing Office: AVENUE REALTY, LLC
Is Greene County, 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, Greene County has remained a Seller's Market.
Key Takeaway
Greene County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Greene County, VA
How much do homes in Greene County, VA cost?
Median Sold Price
$420,587
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$47,587(+12.8%)
Key Takeaway
Homes in Greene County have sold for 12.8% more than they did a year ago.
Summary: The median home sold price in Greene County was $420,587 in October 2024, up 12.8% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $232K | $206K | -11.2% |
| 2 Bedrooms | $386.8K | $369K | -4.6% |
| 3 Bedrooms | $339.5K | $359.9K | +6.0% |
| 4 Bedrooms | $440K | $489.9K | +11.3% |
| 5+ Bedrooms | $576.7K | $685K | +18.8% |
Summary: Greene County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.2%, 2 bedroom homes decreased by 4.6%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 11.3%, and 5+ bedroom homes increased by 18.8%.
Median Sold Price Compared To Nearby Counties
| Madison County | $372K | $440K | +18.3% |
| Greene County | $373K | $420.5K | +12.8% |
| Orange County | $395K | $413.8K | +4.8% |
| Page County | $280K | $280K | 0.0% |
Housing Supply in Greene County, VA
How many homes are available in Greene County, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 89 | 87 | -2.2% |
Summary: The Greene County real estate market had 87 homes for sale in October 2024, a 2.2% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 15 | 12 | -20.0% |
| 3 Bedrooms | 48 | 46 | -4.2% |
| 4 Bedrooms | 23 | 26 | +13.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Greene County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes increased by 13%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 20 | +11.1% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Greene County, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in Greene County in October 2024, up by 11.1% month-over-month. Of the 20 sold homes, 40% were sold under asking, 30% were sold at asking, and 30% were sold over asking.
Days on Market for Greene County, VA
How long does it take to sell a home in Greene County, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 28 Days | 22 Days | -18.8% |
Summary: Homes in Greene County had an average of 22 days on market in Oct 2024, down by 18.8% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Greene County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 20 homes were sold in Greene County; 85% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
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