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

Since last month, Kents Store has remained a Seller'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

$460,000

$210/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$502,500(-52.2%)

Key Takeaway

Homes in Kents Store have sold for 52.2% less than they did a month ago.

Summary: The median home sold price in Kents Store was $460,000 in November 2024, down 52.2% from last month, and the median price per square foot was $210.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $962.5K-
N/A
4 -$460K
N/A
5+ --
N/A

Summary: Kents Store housing prices by bedroom type for November 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Kents Store, VA

How many homes are available in Kents Store, VA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
75-28.6%

Summary: The Kents Store real estate market had 5 homes for sale in November 2024, a 28.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 31
-66.7%
4 44
0.0%
5+ 00
0.0%

Summary: The Kents Store housing inventory by bedroom type for November 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 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were 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. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Kents Store in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% 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

Oct 2024Nov 2024CHANGE
10 Days36 Days+242.9%

Summary: Homes in Kents Store had an average of 36 days on market in Nov 2024, up by 242.9% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Kents Store has remained consistent over time.

Summary: During November 2024, 3 homes were sold in Kents Store; 0% of homes were sold within 30 days, 100% 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 21 Days Ago

Newest Listings in Kents Store, VA

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