$3,859 Closing Credit*
$324,950
1,400 SqFt
3 Beds
•2 Full Baths
Ellen Otey, Listing Office: Twin Rivers Realty, Inc
Is Newtown, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Newtown has remained a Seller's Market.
Key Takeaway
Newtown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Newtown, VA
How much do homes in Newtown, VA cost?
Median Sold Price
$226,500
$154/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$142,500(-38.6%)
Key Takeaway
Homes in Newtown have sold for 38.6% less than they did a month ago.
Summary: The median home sold price in Newtown was $226,500 in October 2024, down 38.6% from last month, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $369K | $226.5K | -38.6% |
| 4 Bedrooms | $540K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Newtown housing prices by bedroom type for October 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 decreased by 38.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Newtown, VA
How many homes are available in Newtown, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 9 | -18.2% |
Summary: The Newtown real estate market had 9 homes for sale in October 2024, a 18.2% 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 | 8 | 7 | -12.5% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Newtown 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 12.5%, 4 bedroom homes decreased by 33.3%, 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 Newtown, 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 Newtown 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 Newtown, VA
How long does it take to sell a home in Newtown, VA?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 Days | 3 Days | -81.3% |
Summary: Homes in Newtown had an average of 3 days on market in Oct 2024, down by 81.3% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Newtown are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Newtown; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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