$7,113 Closing Credit*
$599,000
3,813 SqFt
3 Beds
•3 Full Baths, 1 Partial
Jennifer Trainham, Listing Office: KW Metro Center
Is Mangohick, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Mangohick has remained a Seller's Market.
Key Takeaway
Mangohick is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mangohick, VA
How much do homes in Mangohick, VA cost?
Median Sold Price
$369,950
$222/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$34,950(+10.4%)
Key Takeaway
Homes in Mangohick have sold for 10.4% more than they did a year ago.
Summary: The median home sold price in Mangohick was $369,950 in October 2024, up 10.4% from last year, and the median price per square foot was $222.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $310K | $80K | -74.2% |
| 3 Bedrooms | $335K | $364.9K | +8.9% |
| 4 Bedrooms | $354K | $460K | +29.9% |
| 5+ Bedrooms | $308K | $490K | +59.1% |
Summary: Mangohick housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 74.2%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 29.9%, and 5+ bedroom homes increased by 59.1%.
Median Sold Price Compared To Nearby Cities
| Mangohick | $335K | $369.9K | +10.4% |
| Aylett | $345K | $356.5K | +3.3% |
Housing Supply in Mangohick, VA
How many homes are available in Mangohick, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 22 | -4.3% |
Summary: The Mangohick real estate market had 22 homes for sale in October 2024, a 4.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 15 | 12 | -20.0% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Mangohick housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mangohick, expect to pay close to the asking price. 80% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in Mangohick in October 2024, up by 25.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 80% were sold at asking, and 0% were sold over asking.
Days on Market for Mangohick, VA
How long does it take to sell a home in Mangohick, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 81 Days | 108 Days | +32.7% |
Summary: Homes in Mangohick had an average of 108 days on market in Oct 2024, up by 32.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Mangohick are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Mangohick; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
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