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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hartwood is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Hartwood, VA

How much do homes in Hartwood, VA cost?

Median Sold Price

$625,000

$201/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$25,000(+4.2%)

Key Takeaway

Homes in Hartwood have sold for 4.2% more than they did a year ago.

Summary: The median home sold price in Hartwood was $625,000 in November 2024, up 4.2% from last year, and the median price per square foot was $201.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$180K
N/A
2 $380K$388.5K
+2.2%
3 $500K$525K
+5.0%
4 $649.9K$645K
-0.8%
5+ $689.9K$740K
+7.2%

Summary: Hartwood 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 2.2%, 3 bedroom homes increased by 5%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes increased by 7.2%.

Median Sold Price Compared To Nearby Cities

Stafford
+4.7%
Hartwood
+4.2%
Falmouth
+4.0%
Rock Hill
+3.9%
Garrisonville
0.5%

Housing Supply in Hartwood, VA

How many homes are available in Hartwood, VA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
123121-1.6%

Summary: The Hartwood real estate market had 121 homes for sale in November 2024, a 1.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1411
-21.4%
3 2119
-9.5%
4 4550
+11.1%
5+ 4341
-4.7%

Summary: The Hartwood 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 21.4%, 3 bedroom homes decreased by 9.5%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 4.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3227-15.6%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hartwood, expect to pay close to the asking price. 48.1% of homes here sold near the asking price last month.

Summary: A total of 27 homes were sold or pending in Hartwood in November 2024, down by 15.6% month-over-month. Of the 27 sold homes, 19% were sold under asking, 48% were sold at asking, and 33% were sold over asking.

Days on Market for Hartwood, VA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
36 Days36 Days-1.3%

Summary: Homes in Hartwood had an average of 36 days on market in Nov 2024, down by 1.3% compared to last year.

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 27 homes were sold in Hartwood; 67% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 11% 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

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