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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hayfield is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Hayfield was a Seller's Market.

Key Takeaway

Hayfield 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 Hayfield, VA

How much do homes in Hayfield, VA cost?

Median Sold Price

$700,000

$328/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$26,000(+3.9%)

Key Takeaway

Homes in Hayfield have sold for 3.9% more than they did a year ago.

Summary: The median home sold price in Hayfield was $700,000 in October 2024, up 3.9% from last year, and the median price per square foot was $328.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $530K-
N/A
3 $625K$615K
-1.6%
4 $685K$679K
-0.9%
5+ $744K$835K
+12.2%

Summary: Hayfield housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 1.6%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes increased by 12.2%.

Housing Supply in Hayfield, VA

How many homes are available in Hayfield, VA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
56+20.0%

Summary: The Hayfield real estate market had 6 homes for sale in October 2024, a 20.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 13
+200.0%
4 21
-50.0%
5+ 22
0.0%

Summary: The Hayfield 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 200%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hayfield, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Hayfield in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Hayfield, VA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
16 Days22 Days+36.3%

Summary: Homes in Hayfield had an average of 22 days on market in Oct 2024, up by 36.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 1 homes were sold in Hayfield; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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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