$7,422 Closing Credit*
$625,000
2,754 SqFt
3 Beds
•2 Full Baths, 1 Partial
Brooke Amos, Listing Office: Southern Trade Realty, Inc
Is North, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, North was a Neutral Market.
Key Takeaway
North is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in North, VA
How much do homes in North, VA cost?
Median Sold Price
$449,900
$168/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
+$24,900(+5.9%)
Key Takeaway
Homes in North have sold for 5.9% more than they did a month ago.
Summary: The median home sold price in North was $449,900 in December 2024, up 5.9% from last month, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $500K | - | N/A |
| 3 Bedrooms | $350K | $412.5K | +17.9% |
| 4 Bedrooms | - | $449.9K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: North housing prices by bedroom type for December 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 17.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in North, VA
How many homes are available in North, VA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 21 | 20 | -4.8% |
Summary: The North real estate market had 20 homes for sale in December 2024, a 4.8% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 10 | 10 | 0.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The North housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 3 | 6 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in North, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in North in December 2024, up by 100.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for North, VA
How long does it take to sell a home in North, VA?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 31 Days | 21 Days | -29.6% |
Summary: Homes in North had an average of 21 days on market in Dec 2024, down by 29.6% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in North are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 6 homes were sold in North; 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.
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Information is provided by Charlottesville Area Association of Realtors®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user.