$8,906 Closing Credit*
$750,000
2,714 SqFt
4 Beds
•2 Full Baths, 1 Partial
Amy H. Sikora, Listing Office: Weichert, REALTORS
Is Lovettsville, 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, Lovettsville has remained a Seller's Market.
Key Takeaway
Lovettsville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lovettsville, VA
How much do homes in Lovettsville, VA cost?
Median Sold Price
$745,000
$233/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$30,000(+4.2%)
Key Takeaway
Homes in Lovettsville have sold for 4.2% more than they did a year ago.
Summary: The median home sold price in Lovettsville was $745,000 in November 2024, up 4.2% from last year, and the median price per square foot was $233.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $451.2K | $470K | +4.2% |
| 3 Bedrooms | $682.5K | $595K | -12.8% |
| 4 Bedrooms | $750K | $782.5K | +4.3% |
| 5+ Bedrooms | $757.5K | $918K | +21.2% |
Summary: Lovettsville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.2%, 3 bedroom homes decreased by 12.8%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 21.2%.
Median Sold Price Compared To Nearby Cities
| Catoctin | $801K | $843.1K | +5.3% |
| Lovettsville | $715K | $745K | +4.2% |
Housing Supply in Lovettsville, VA
How many homes are available in Lovettsville, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 30 | +11.1% |
Summary: The Lovettsville real estate market had 30 homes for sale in November 2024, a 11.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 8 | 11 | +37.5% |
| 4 Bedrooms | 11 | 10 | -9.1% |
| 5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The Lovettsville 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 33.3%, 3 bedroom homes increased by 37.5%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 7 | +40.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Lovettsville, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Lovettsville in November 2024, up by 40.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.
Days on Market for Lovettsville, VA
How long does it take to sell a home in Lovettsville, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 16 Days | 28 Days | +74.9% |
Summary: Homes in Lovettsville had an average of 28 days on market in Nov 2024, up by 74.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Lovettsville has remained consistent over time.
Summary: During November 2024, 7 homes were sold in Lovettsville; 43% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
