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 neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Greensville County was a Buyer's Market.

Key Takeaway

Greensville County 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 Greensville County, VA

How much do homes in Greensville County, VA cost?

Median Sold Price

$139,600

$131/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$117,400(-45.7%)

Key Takeaway

Homes in Greensville County have sold for 45.7% less than they did a month ago.

Summary: The median home sold price in Greensville County was $139,600 in October 2024, down 45.7% from last month, and the median price per square foot was $131.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $365.9K$139.6K
-61.9%
4 -$163.5K
N/A
5+ $257K-
N/A

Summary: Greensville County housing prices by bedroom type for October 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 decreased by 61.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Southampton County
+162.5%
Greensville County
-45.7%
Northampton County
-66.7%

Housing Supply in Greensville County, VA

How many homes are available in Greensville County, VA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4649+6.5%

Summary: The Greensville County real estate market had 49 homes for sale in October 2024, a 6.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 44
0.0%
3 3133
+6.5%
4 79
+28.6%
5+ 43
-25.0%

Summary: The Greensville County 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 increased by 6.5%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
38+166.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Greensville County, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Greensville County in October 2024, up by 166.7% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% 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

Sep 2024Oct 2024CHANGE
140 Days47 Days-66.4%

Summary: Homes in Greensville County had an average of 47 days on market in Oct 2024, down by 66.4% compared to last month.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was 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 October 2024, 8 homes were sold in Greensville County; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% 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 20 Days Ago

Newest Listings in Greensville County, VA

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