Is Maurertown, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Maurertown is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 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

$374,450

$232/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$13,050(-3.4%)

Key Takeaway

Homes in Maurertown have sold for 3.4% less than they did a month ago.

Summary: The median home sold price in Maurertown was $374,450 in November 2024, down 3.4% from last month, and the median price per square foot was $232.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $275K$374.4K
+36.2%
4 $500K-
N/A
5+ --
N/A

Summary: Maurertown 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 36.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Star Tannery
+56.7%
Maurertown
-3.4%

Housing Supply in Maurertown, VA

How many homes are available in Maurertown, VA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1011+10.0%

Summary: The Maurertown real estate market had 11 homes for sale in November 2024, a 10.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 89
+12.5%
4 21
-50.0%
5+ 00
0.0%

Summary: The Maurertown 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 increased by 100%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Maurertown, 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 Maurertown in November 2024, up by 100.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% 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 2024Nov 2024CHANGE
17 Days20 Days+14.3%

Summary: Homes in Maurertown had an average of 20 days on market in Nov 2024, up by 14.3% compared to last month.

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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Maurertown are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 4 homes were sold in Maurertown; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Maurertown, VA

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