$10,000 Closing Credit*
$875,000
2,736 SqFt
3 Beds
•2 Full Baths, 1 Partial
Kristina Towns, Listing Office: Weichert Realtors - Blue Ribbon
Is Maurertown, 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, Maurertown has remained a Seller's Market.
Key Takeaway
Maurertown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Maurertown, VA
How much do homes in Maurertown, VA cost?
Median Sold Price
$330,000
$246/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$10,000(-2.9%)
Key Takeaway
Homes in Maurertown have sold for 2.9% less than they did a year ago.
Summary: The median home sold price in Maurertown was $330,000 in October 2024, down 2.9% from last year, and the median price per square foot was $246.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $88K | N/A |
| 2 Bedrooms | $592.5K | $770K | +30.0% |
| 3 Bedrooms | $325.5K | $325K | -0.2% |
| 4 Bedrooms | $362.4K | $353.5K | -2.5% |
| 5+ Bedrooms | - | $329.9K | N/A |
Summary: Maurertown 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 increased by 30%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Capon | $250K | $292K | +16.8% |
| Back Creek | $366.9K | $379.9K | +3.5% |
| Maurertown | $340K | $330K | -2.9% |
| Fort Valley | $399K | $369.2K | -7.5% |
Housing Supply in Maurertown, VA
How many homes are available in Maurertown, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 11 | -8.3% |
Summary: The Maurertown real estate market had 11 homes for sale in October 2024, a 8.3% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 10 | 9 | -10.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Maurertown 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 remained the same, 3 bedroom homes decreased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Maurertown, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Maurertown in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Maurertown, VA
How long does it take to sell a home in Maurertown, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 65 Days | 17 Days | -73.1% |
Summary: Homes in Maurertown had an average of 17 days on market in Oct 2024, down by 73.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Maurertown are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Maurertown; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
