Is Heritage Hunt, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Heritage Hunt is a seller's market

Buyer's
Market

Difference Since December 2023

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

Key Takeaway

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

Housing Prices in Heritage Hunt, VA

How much do homes in Heritage Hunt, VA cost?

Median Sold Price

$680,000

$273/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$30,050(+4.6%)

Key Takeaway

Homes in Heritage Hunt have sold for 4.6% more than they did a year ago.

Summary: The median home sold price in Heritage Hunt was $680,000 in December 2024, up 4.6% from last year, and the median price per square foot was $273.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $509K-
N/A
2 $525K$577.5K
+10.0%
3 $675K$682K
+1.0%
4 $695K$752.5K
+8.3%
5+ $729K$752.5K
+3.2%

Summary: Heritage Hunt 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 10%, 3 bedroom homes increased by 1%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 3.2%.

Housing Supply in Heritage Hunt, VA

How many homes are available in Heritage Hunt, VA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
15150.0%

Summary: The Heritage Hunt real estate market had 15 homes for sale in December 2024, the same as November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 33
0.0%
3 98
-11.1%
4 34
+33.3%
5+ 00
0.0%

Summary: The Heritage Hunt 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 11.1%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
94-55.6%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Heritage Hunt, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Heritage Hunt in December 2024, down by 55.6% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.

Days on Market for Heritage Hunt, VA

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

Average Sale Time

Dec 2023Dec 2024CHANGE
4 Days10 Days+138.9%

Summary: Homes in Heritage Hunt had an average of 10 days on market in Dec 2024, up by 138.9% compared to last year.

Breakdown of Home Sale Times

4 Homes Were 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 Heritage Hunt are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 4 homes were sold in Heritage Hunt; 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 4 Days Ago

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