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 October 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

$675,000

$269/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$35,000(+5.5%)

Key Takeaway

Homes in Heritage Hunt have sold for 5.5% more than they did a year ago.

Summary: The median home sold price in Heritage Hunt was $675,000 in October 2024, up 5.5% from last year, and the median price per square foot was $269.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $509K-
N/A
2 $500K$550K
+10.0%
3 $675K$675K
0.0%
4 $685K$752.5K
+9.9%
5+ $729K$752.5K
+3.2%

Summary: Heritage Hunt 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 increased by 10%, 3 bedroom homes did not change, 4 bedroom homes increased by 9.9%, 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

Sep 2024Oct 2024CHANGE
2227+22.7%

Summary: The Heritage Hunt real estate market had 27 homes for sale in October 2024, a 22.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1418
+28.6%
4 67
+16.7%
5+ 00
0.0%

Summary: The Heritage Hunt 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 28.6%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
614+133.3%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Heritage Hunt, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in Heritage Hunt in October 2024, up by 133.3% month-over-month. Of the 14 sold homes, 50% were sold under asking, 14% were sold at asking, and 36% 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

Oct 2023Oct 2024CHANGE
8 Days13 Days+53.5%

Summary: Homes in Heritage Hunt had an average of 13 days on market in Oct 2024, up by 53.5% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

2 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 October 2024, 14 homes were sold in Heritage Hunt; 86% of homes were sold within 30 days, 14% 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 16 Days Ago

Newest Listings in Heritage Hunt, VA

Nearby Markets to Heritage Hunt, VA