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 December 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 December 2023

+$15,000(+2.5%)

Key Takeaway

Homes in Hartwood have sold for 2.5% more than they did a year ago.

Summary: The median home sold price in Hartwood was $625,000 in December 2024, up 2.5% from last year, and the median price per square foot was $201.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 -$180K
N/A
2 $377.5K$389.5K
+3.2%
3 $500K$525K
+5.0%
4 $650K$641K
-1.4%
5+ $697K$737.7K
+5.8%

Summary: Hartwood housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.2%, 3 bedroom homes increased by 5%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes increased by 5.8%.

Median Sold Price Compared To Nearby Cities

Stafford
+5.1%
Rock Hill
+3.7%
Hartwood
+2.5%
Garrisonville
+2.0%
Falmouth
+1.8%

Housing Supply in Hartwood, VA

How many homes are available in Hartwood, VA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
116109-6.0%

Summary: The Hartwood real estate market had 109 homes for sale in December 2024, a 6.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 99
0.0%
3 2217
-22.7%
4 4648
+4.3%
5+ 3935
-10.3%

Summary: The Hartwood housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 22.7%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes decreased by 10.3%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
2919-34.5%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hartwood, you could pay more than the asking price. 52.6% of homes here sold above asking price last month.

Summary: A total of 19 homes were sold or pending in Hartwood in December 2024, down by 34.5% month-over-month. Of the 19 sold homes, 26% were sold under asking, 21% were sold at asking, and 53% 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

Dec 2023Dec 2024CHANGE
24 Days41 Days+69.4%

Summary: Homes in Hartwood had an average of 41 days on market in Dec 2024, up by 69.4% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

4 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 December 2024, 19 homes were sold in Hartwood; 58% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 21% 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 4 Days Ago

Newest Listings in Hartwood, VA

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