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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pamplin is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Pamplin has remained a Seller's Market.

Key Takeaway

Pamplin is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Pamplin, VA

How much do homes in Pamplin, VA cost?

Median Sold Price

$185,000

$126/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$5,100(+2.8%)

Key Takeaway

Homes in Pamplin have sold for 2.8% more than they did a year ago.

Summary: The median home sold price in Pamplin was $185,000 in November 2024, up 2.8% from last year, and the median price per square foot was $126.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$90K
N/A
2 $108.5K$227.7K
+109.9%
3 $260.5K$234.9K
-9.8%
4 $283.9K$170K
-40.1%
5+ --
N/A

Summary: Pamplin housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 109.9%, 3 bedroom homes decreased by 9.8%, 4 bedroom homes decreased by 40.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Pamplin
+2.8%
Appomattox River
-23.1%

Housing Supply in Pamplin, VA

How many homes are available in Pamplin, VA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
990.0%

Summary: The Pamplin real estate market had 9 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 54
-20.0%
4 34
+33.3%
5+ 00
0.0%

Summary: The Pamplin 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 20%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pamplin, 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 Pamplin in November 2024, up by 100.0% 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 Pamplin, VA

How long does it take to sell a home in Pamplin, VA?

Average Sale Time

Nov 2023Nov 2024CHANGE
34 Days101 Days+194.2%

Summary: Homes in Pamplin had an average of 101 days on market in Nov 2024, up by 194.2% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Pamplin has remained consistent over time.

Summary: During November 2024, 2 homes were sold in Pamplin; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 3 Days Ago

Newest Listings in Pamplin, VA

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