Is Greensville County, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greensville County is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Greensville County has remained a Seller's Market.

Key Takeaway

Greensville County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Greensville County, VA

How much do homes in Greensville County, VA cost?

Median Sold Price

$185,000

$131/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$10,000(+5.7%)

Key Takeaway

Homes in Greensville County have sold for 5.7% more than they did a year ago.

Summary: The median home sold price in Greensville County was $185,000 in November 2024, up 5.7% from last year, and the median price per square foot was $131.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $133K$139.9K
+5.2%
3 $175K$184K
+5.1%
4 $214.9K$225K
+4.7%
5+ -$257K
N/A

Summary: Greensville County 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 5.2%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes did not change.

Housing Supply in Greensville County, VA

How many homes are available in Greensville County, VA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
48480.0%

Summary: The Greensville County real estate market had 48 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 44
0.0%
3 3234
+6.3%
4 97
-22.2%
5+ 33
0.0%

Summary: The Greensville County 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 remained the same, 3 bedroom homes increased by 6.3%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
810+25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Greensville County, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 10 homes were sold or pending in Greensville County in November 2024, up by 25.0% month-over-month. Of the 8 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.

Days on Market for Greensville County, VA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
20 Days45 Days+123.0%

Summary: Homes in Greensville County had an average of 45 days on market in Nov 2024, up by 123% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 10 homes were sold in Greensville County; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% 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 21 Days Ago

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