$9,441 Closing Credit*
$795,000
2,405 SqFt
3 Beds
•3 Full Baths, 1 Partial
Anita J Marion, Listing Office: United Real Estate
Is Lansdowne, 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, Lansdowne has remained a Seller's Market.
Key Takeaway
Lansdowne is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lansdowne, VA
How much do homes in Lansdowne, VA cost?
Median Sold Price
$583,100
$287/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$76,900(-11.7%)
Key Takeaway
Homes in Lansdowne have sold for 11.7% less than they did a year ago.
Summary: The median home sold price in Lansdowne was $583,100 in November 2024, down 11.7% from last year, and the median price per square foot was $287.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $290K | $292K | +0.7% |
| 2 Bedrooms | $388.2K | $416K | +7.1% |
| 3 Bedrooms | $685K | $564.7K | -17.6% |
| 4 Bedrooms | $883K | $932.5K | +5.6% |
| 5+ Bedrooms | $1.1M | $1.2M | +12.3% |
Summary: Lansdowne housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.7%, 2 bedroom homes increased by 7.1%, 3 bedroom homes decreased by 17.6%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 12.3%.
Median Sold Price Compared To Nearby Neighborhoods
| Riverbend at Leisure World | $392.5K | $355K | -9.6% |
| Lansdowne | $660K | $583.1K | -11.7% |
Housing Supply in Lansdowne, VA
How many homes are available in Lansdowne, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 40 | 38 | -5.0% |
Summary: The Lansdowne real estate market had 38 homes for sale in November 2024, a 5.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 20 | 15 | -25.0% |
| 3 Bedrooms | 12 | 13 | +8.3% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Lansdowne 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 decreased by 25%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 12 | -25.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lansdowne, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Lansdowne in November 2024, down by 25.0% month-over-month. Of the 12 sold homes, 42% were sold under asking, 42% were sold at asking, and 17% were sold over asking.
Days on Market for Lansdowne, VA
How long does it take to sell a home in Lansdowne, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 24 Days | 24 Days | -1.7% |
Summary: Homes in Lansdowne had an average of 24 days on market in Nov 2024, down by 1.7% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lansdowne are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 12 homes were sold in Lansdowne; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
