$5,213 Closing Credit*
$439,000
1,074 SqFt
2 Beds
•2 Full Baths
Babak Madani, Listing Office: MCM Realty Company
Is Idylwood, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Idylwood has remained a Seller's Market.
Key Takeaway
Idylwood is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Idylwood, VA
How much do homes in Idylwood, VA cost?
Median Sold Price
$510,000
$369/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$115,000(-18.4%)
Key Takeaway
Homes in Idylwood have sold for 18.4% less than they did a year ago.
Summary: The median home sold price in Idylwood was $510,000 in November 2024, down 18.4% from last year, and the median price per square foot was $369.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $224K | $240K | +7.1% |
| 2 Bedrooms | $340K | $420K | +23.5% |
| 3 Bedrooms | $700.5K | $720K | +2.8% |
| 4 Bedrooms | $900K | $962.5K | +6.9% |
| 5+ Bedrooms | $1.5M | $1.4M | -6.7% |
Summary: Idylwood housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.1%, 2 bedroom homes increased by 23.5%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes decreased by 6.7%.
Housing Supply in Idylwood, VA
How many homes are available in Idylwood, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 43 | 41 | -4.7% |
Summary: The Idylwood real estate market had 41 homes for sale in November 2024, a 4.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 4 | -33.3% |
| 2 Bedrooms | 15 | 16 | +6.7% |
| 3 Bedrooms | 5 | 4 | -20.0% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 12 | 11 | -8.3% |
Summary: The Idylwood housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 6.7%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 8.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 10 | 0.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Idylwood, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Idylwood in November 2024, the same as the previous month. Of the 10 sold homes, 60% were sold under asking, 10% were sold at asking, and 30% were sold over asking.
Days on Market for Idylwood, VA
How long does it take to sell a home in Idylwood, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 16 Days | 45 Days | +174.3% |
Summary: Homes in Idylwood had an average of 45 days on market in Nov 2024, up by 174.3% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Idylwood are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 10 homes were sold in Idylwood; 60% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
