$5,224 Closing Credit*
$439,950
2,032 SqFt
4 Beds
•2 Full Baths, 1 Partial
Brian Hunt, Listing Office: Real Broker LLC
Is Henry, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Henry has remained a Seller's Market.
Key Takeaway
Henry is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Henry, VA
How much do homes in Henry, VA cost?
Median Sold Price
$490,000
$215/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$60,000(+14.0%)
Key Takeaway
Homes in Henry have sold for 14% more than they did a year ago.
Summary: The median home sold price in Henry was $490,000 in October 2024, up 14% from last year, and the median price per square foot was $215.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $359.9K | $360K | 0.0% |
| 3 Bedrooms | $361K | $380K | +5.3% |
| 4 Bedrooms | $474.5K | $540K | +13.8% |
| 5+ Bedrooms | $605K | $700K | +15.7% |
Summary: Henry 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 increased by 5.3%, 4 bedroom homes increased by 13.8%, and 5+ bedroom homes increased by 15.7%.
Median Sold Price Compared To Nearby Cities
| Henry | $430K | $490K | +14.0% |
| Mechanicsville | $414.7K | $450.2K | +8.6% |
| Chickahominy | $477.2K | $500K | +4.8% |
Housing Supply in Henry, VA
How many homes are available in Henry, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 99 | 93 | -6.1% |
Summary: The Henry real estate market had 93 homes for sale in October 2024, a 6.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 5 | -16.7% |
| 3 Bedrooms | 41 | 36 | -12.2% |
| 4 Bedrooms | 42 | 42 | 0.0% |
| 5+ Bedrooms | 10 | 10 | 0.0% |
Summary: The Henry 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 decreased by 16.7%, 3 bedroom homes decreased by 12.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 32 | +33.3% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Henry, you may be able to get a good deal. 56.3% of homes here sold below asking price last month.
Summary: A total of 32 homes were sold or pending in Henry in October 2024, up by 33.3% month-over-month. Of the 32 sold homes, 56% were sold under asking, 25% were sold at asking, and 19% were sold over asking.
Days on Market for Henry, VA
How long does it take to sell a home in Henry, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 60 Days | 74 Days | +23.1% |
Summary: Homes in Henry had an average of 74 days on market in Oct 2024, up by 23.1% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Henry are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 32 homes were sold in Henry; 66% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
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Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this web site does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed regularly, but its accuracy is subject to market changes.