Is Kents Store, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kents Store is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Kents Store was a Buyer's Market.

Key Takeaway

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

Housing Prices in Kents Store, VA

How much do homes in Kents Store, VA cost?

Median Sold Price

$962,500

$484/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$535,500(+125.4%)

Key Takeaway

Homes in Kents Store have sold for 125.4% more than they did a month ago.

Summary: The median home sold price in Kents Store was $962,500 in October 2024, up 125.4% from last month, and the median price per square foot was $484.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $427K$962.5K
+125.4%
4 --
N/A
5+ --
N/A

Summary: Kents Store 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 increased by 125.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Kents Store
+125.4%
Columbia
-69.7%

Housing Supply in Kents Store, VA

How many homes are available in Kents Store, VA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
98-11.1%

Summary: The Kents Store real estate market had 8 homes for sale in October 2024, a 11.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 54
-20.0%
4 44
0.0%
5+ 00
0.0%

Summary: The Kents Store 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 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kents Store, 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 Kents Store in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Kents Store, VA

How long does it take to sell a home in Kents Store, VA?

Average Sale Time

Sep 2024Oct 2024CHANGE
8 Days10 Days+31.3%

Summary: Homes in Kents Store had an average of 10 days on market in Oct 2024, up by 31.3% compared to last month.

Breakdown of Home Sale Times

2 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 Kents Store are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in Kents Store; 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 20 Days Ago

Newest Listings in Kents Store, VA

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