$6,116 Closing Credit*
$515,000
1,614 SqFt
3 Beds
•2 Full Baths, 1 Partial
Thomas B Millar, Listing Office: CENTURY 21 New Millennium
Is Mattaponi, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Mattaponi was a Seller's Market.
Key Takeaway
Mattaponi is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Mattaponi, VA
How much do homes in Mattaponi, VA cost?
Median Sold Price
$351,450
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$9,050(+2.6%)
Key Takeaway
Homes in Mattaponi have sold for 2.6% more than they did a year ago.
Summary: The median home sold price in Mattaponi was $351,450 in November 2024, up 2.6% from last year, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $125K | - | N/A |
| 2 Bedrooms | $254.5K | $95K | -62.7% |
| 3 Bedrooms | $294K | $354.4K | +20.6% |
| 4 Bedrooms | $356K | $379.9K | +6.7% |
| 5+ Bedrooms | $407.4K | $390.7K | -4.1% |
Summary: Mattaponi 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 decreased by 62.7%, 3 bedroom homes increased by 20.6%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes decreased by 4.1%.
Median Sold Price Compared To Nearby Cities
| Reedy Church | $275K | $309K | +12.4% |
| Ruther Glen | $326.3K | $350K | +7.2% |
| Madison | $340.5K | $365K | +7.2% |
| Mattaponi | $342.4K | $351.4K | +2.6% |
| Bowling Green | $362.9K | $354.9K | -2.2% |
Housing Supply in Mattaponi, VA
How many homes are available in Mattaponi, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 33 | 33 | 0.0% |
Summary: The Mattaponi real estate market had 33 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 | 1 | 0.0% |
| 3 Bedrooms | 14 | 18 | +28.6% |
| 4 Bedrooms | 11 | 6 | -45.5% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Mattaponi 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 remained the same, 3 bedroom homes increased by 28.6%, 4 bedroom homes decreased by 45.5%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 4 | -55.6% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mattaponi, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Mattaponi in November 2024, down by 55.6% month-over-month. Of the 4 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Mattaponi, VA
How long does it take to sell a home in Mattaponi, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 56 Days | 15 Days | -72.2% |
Summary: Homes in Mattaponi had an average of 15 days on market in Nov 2024, down by 72.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Mattaponi are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Mattaponi; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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