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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Henry is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 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

$308,000

$92/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$72,000(-18.9%)

Key Takeaway

Homes in Henry have sold for 18.9% less than they did a month ago.

Summary: The median home sold price in Henry was $308,000 in October 2024, down 18.9% from last month, and the median price per square foot was $92.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $380K$308K
-18.9%
4 --
N/A
5+ --
N/A

Summary: Henry 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 18.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Henry
-18.9%
Blackberry
-40.9%

Housing Supply in Henry, VA

How many homes are available in Henry, VA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
43-25.0%

Summary: The Henry real estate market had 3 homes for sale in October 2024, a 25.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 21
-50.0%
4 11
0.0%
5+ 00
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 remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

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 Henry, 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 Henry in October 2024, the same as the previous 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 Henry, VA

We’re sorry, we don't have information for this market at the moment

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 Henry, VA

Nearby Markets to Henry, VA

What housing markets are near Henry, VA?