$3,739 Closing Credit*
$314,900
1,358 SqFt
3 Beds
•2 Full Baths
Heather Grubb, Listing Office: First Choice Realty
Is Nottoway County, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Nottoway County has remained a Seller's Market.
Key Takeaway
Nottoway County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Nottoway County, VA
How much do homes in Nottoway County, VA cost?
Median Sold Price
$247,000
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$40,500(+19.6%)
Key Takeaway
Homes in Nottoway County have sold for 19.6% more than they did a year ago.
Summary: The median home sold price in Nottoway County was $247,000 in November 2024, up 19.6% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $525.2K | $269.9K | -48.6% |
| 2 Bedrooms | $170.7K | $184.2K | +7.9% |
| 3 Bedrooms | $190K | $279K | +46.8% |
| 4 Bedrooms | $260K | $225K | -13.5% |
| 5+ Bedrooms | $350K | $289K | -17.4% |
Summary: Nottoway County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 48.6%, 2 bedroom homes increased by 7.9%, 3 bedroom homes increased by 46.8%, 4 bedroom homes decreased by 13.5%, and 5+ bedroom homes decreased by 17.4%.
Median Sold Price Compared To Nearby Counties
| Nottoway County | $206.5K | $247K | +19.6% |
| Amelia County | $305K | $339K | +11.1% |
| Dinwiddie County | $275K | $287.7K | +4.6% |
Housing Supply in Nottoway County, VA
How many homes are available in Nottoway County, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 66 | 61 | -7.6% |
Summary: The Nottoway County real estate market had 61 homes for sale in November 2024, a 7.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 37 | 32 | -13.5% |
| 4 Bedrooms | 21 | 18 | -14.3% |
| 5+ Bedrooms | 3 | 6 | +100.0% |
Summary: The Nottoway County 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 decreased by 13.5%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 11 | +10.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Nottoway County, expect to pay close to the asking price. 54.5% of homes here sold near the asking price last month.
Summary: A total of 11 homes were sold or pending in Nottoway County in November 2024, up by 10.0% month-over-month. Of the 11 sold homes, 45% were sold under asking, 55% were sold at asking, and 0% were sold over asking.
Days on Market for Nottoway County, VA
How long does it take to sell a home in Nottoway County, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 32 Days | 62 Days | +91.8% |
Summary: Homes in Nottoway County had an average of 62 days on market in Nov 2024, up by 91.8% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Nottoway County has remained consistent over time.
Summary: During November 2024, 11 homes were sold in Nottoway County; 36% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
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