$30,000
5.39 Acres
Land
Zach Antill, Listing Office: ADVANCE LAND AND TIMBER LLC
Is Lunenburg County, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Lunenburg County was a Buyer's Market.
Key Takeaway
Lunenburg County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lunenburg County, VA
How much do homes in Lunenburg County, VA cost?
Median Sold Price
$327,950
$212/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$208,450(+174.4%)
Key Takeaway
Homes in Lunenburg County have sold for 174.4% more than they did a month ago.
Summary: The median home sold price in Lunenburg County was $327,950 in November 2024, up 174.4% from last month, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $96K | - | N/A |
| 3 Bedrooms | $119.5K | $327.9K | +174.4% |
| 4 Bedrooms | $130K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Lunenburg County 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 increased by 174.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Lunenburg County, VA
How many homes are available in Lunenburg County, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 24 | 24 | 0.0% |
Summary: The Lunenburg County real estate market had 24 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 21 | 23 | +9.5% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Lunenburg County 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 100%, 3 bedroom homes increased by 9.5%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 6 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lunenburg County, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Lunenburg County in November 2024, up by 100.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Lunenburg County, VA
How long does it take to sell a home in Lunenburg County, VA?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 138 Days | 30 Days | -78.0% |
Summary: Homes in Lunenburg County had an average of 30 days on market in Nov 2024, down by 78% compared to last month.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lunenburg County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in Lunenburg County; 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.
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