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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Horsepasture is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Horsepasture was a Seller's Market.

Key Takeaway

Horsepasture 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 Horsepasture, VA

How much do homes in Horsepasture, VA cost?

Median Sold Price

$177,350

$100/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$58,850(+49.7%)

Key Takeaway

Homes in Horsepasture have sold for 49.7% more than they did a month ago.

Summary: The median home sold price in Horsepasture was $177,350 in December 2024, up 49.7% from last month, and the median price per square foot was $100.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 -$144K
N/A
3 $66.2K$210.7K
+218.0%
4 --
N/A
5+ $192K-
N/A

Summary: Horsepasture housing prices by bedroom type for December 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 increased by 218%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Blackberry
+134.1%
Fieldale
+104.0%
Horsepasture
+49.7%
Martinsville
+22.4%

Housing Supply in Horsepasture, VA

How many homes are available in Horsepasture, VA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1112+9.1%

Summary: The Horsepasture real estate market had 12 homes for sale in December 2024, a 9.1% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 66
0.0%
4 23
+50.0%
5+ 10
-100.0%

Summary: The Horsepasture 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 increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 2 homes were sold or pending in Horsepasture in December 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Horsepasture, 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 4 Days Ago

Newest Listings in Horsepasture, VA

Nearby Markets to Horsepasture, VA

What housing markets are near Horsepasture, VA?