$5,224 Closing Credit*
$439,900
2,576 SqFt
4 Beds
•2 Full Baths
LaDonna Lewis, Listing Office: ICON Realty Group
Is Matoaca, 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, Matoaca has remained a Seller's Market.
Key Takeaway
Matoaca is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Matoaca, VA
How much do homes in Matoaca, VA cost?
Median Sold Price
$475,369
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$25,399(+5.6%)
Key Takeaway
Homes in Matoaca have sold for 5.6% more than they did a year ago.
Summary: The median home sold price in Matoaca was $475,369 in October 2024, up 5.6% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $256.1K | $259.6K | +1.4% |
| 2 Bedrooms | $325.3K | $360K | +10.7% |
| 3 Bedrooms | $369.8K | $389.9K | +5.4% |
| 4 Bedrooms | $479.8K | $512.1K | +6.7% |
| 5+ Bedrooms | $650.3K | $670.8K | +3.2% |
Summary: Matoaca housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.4%, 2 bedroom homes increased by 10.7%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 3.2%.
Median Sold Price Compared To Nearby Cities
| Chesterfield | $449.3K | $483.1K | +7.5% |
| Dale | $325.6K | $348.6K | +7.0% |
| Clover Hill | $350K | $374.6K | +7.0% |
| Matoaca | $449.9K | $475.3K | +5.6% |
| Moseley | $575.5K | $580K | +0.8% |
Housing Supply in Matoaca, VA
How many homes are available in Matoaca, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 668 | 720 | +7.8% |
Summary: The Matoaca real estate market had 720 homes for sale in October 2024, a 7.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 8 | +14.3% |
| 2 Bedrooms | 56 | 56 | 0.0% |
| 3 Bedrooms | 222 | 246 | +10.8% |
| 4 Bedrooms | 254 | 267 | +5.1% |
| 5+ Bedrooms | 129 | 143 | +10.9% |
Summary: The Matoaca housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.3%, 2 bedroom homes remained the same, 3 bedroom homes increased by 10.8%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes increased by 10.9%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 130 | 156 | +20.0% |
Asking Price vs. Sold Price
59 Homes Were Sold
Under Asking
45 Homes Were Sold
At Asking
52 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Matoaca, you may be able to get a good deal. 37.8% of homes here sold below asking price last month.
Summary: A total of 156 homes were sold or pending in Matoaca in October 2024, up by 20.0% month-over-month. Of the 156 sold homes, 38% were sold under asking, 29% were sold at asking, and 33% were sold over asking.
Days on Market for Matoaca, VA
How long does it take to sell a home in Matoaca, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 18 Days | 37 Days | +106.7% |
Summary: Homes in Matoaca had an average of 37 days on market in Oct 2024, up by 106.7% compared to last year.
Breakdown of Home Sale Times
101 Homes Were Sold
Under 30 Days
40 Homes Were Sold
In 30 - 90 Days
15 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Matoaca are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 156 homes were sold in Matoaca; 65% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
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Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.