$5,105 Closing Credit*
$429,900
1,442 SqFt
3 Beds
•2 Full Baths, 1 Partial
Ashley Madison, Listing Office: Madison & Co Properties LLC
Is Louisa County, 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, Louisa County has remained a Seller's Market.
Key Takeaway
Louisa County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Louisa County, VA
How much do homes in Louisa County, VA cost?
Median Sold Price
$413,750
$237/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$23,801(+6.1%)
Key Takeaway
Homes in Louisa County have sold for 6.1% more than they did a year ago.
Summary: The median home sold price in Louisa County was $413,750 in November 2024, up 6.1% from last year, and the median price per square foot was $237.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $240K | $210K | -12.5% |
| 2 Bedrooms | $225K | $253K | +12.4% |
| 3 Bedrooms | $362.1K | $375K | +3.6% |
| 4 Bedrooms | $465.8K | $525K | +12.7% |
| 5+ Bedrooms | $1.3M | $915K | -32.5% |
Summary: Louisa County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.5%, 2 bedroom homes increased by 12.4%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 12.7%, and 5+ bedroom homes decreased by 32.5%.
Median Sold Price Compared To Nearby Counties
| Goochland County | $522.4K | $579.9K | +11.0% |
| Louisa County | $389.9K | $413.7K | +6.1% |
| Orange County | $397.2K | $420K | +5.7% |
| Spotsylvania County | $431.3K | $450K | +4.3% |
| Fluvanna County | $360K | $359.6K | -0.1% |
Housing Supply in Louisa County, VA
How many homes are available in Louisa County, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 413 | 411 | -0.5% |
Summary: The Louisa County real estate market had 411 homes for sale in November 2024, a 0.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 30 | 24 | -20.0% |
| 3 Bedrooms | 200 | 211 | +5.5% |
| 4 Bedrooms | 126 | 125 | -0.8% |
| 5+ Bedrooms | 55 | 50 | -9.1% |
Summary: The Louisa County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 5.5%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes decreased by 9.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 87 | 69 | -20.7% |
Asking Price vs. Sold Price
35 Homes Were Sold
Under Asking
22 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Louisa County, you may be able to get a good deal. 52.2% of homes here sold below asking price last month.
Summary: A total of 69 homes were sold or pending in Louisa County in November 2024, down by 20.7% month-over-month. Of the 67 sold homes, 52% were sold under asking, 33% were sold at asking, and 15% were sold over asking.
Days on Market for Louisa County, VA
How long does it take to sell a home in Louisa County, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 71 Days | 43 Days | -38.9% |
Summary: Homes in Louisa County had an average of 43 days on market in Nov 2024, down by 38.9% compared to last year.
Breakdown of Home Sale Times
37 Homes Were Sold
Under 30 Days
20 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Louisa County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 69 homes were sold in Louisa County; 54% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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