$4,333 Closing Credit*
$364,900
1,597 SqFt
3 Beds
•2 Full Baths
Beth Groner, Listing Office: Keller Williams Fairfax Gateway
Is Pine Top, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Pine Top was a Seller's Market.
Key Takeaway
Pine Top is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Pine Top, VA
How much do homes in Pine Top, VA cost?
Median Sold Price
$400,000
$218/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$35,000(+9.6%)
Key Takeaway
Homes in Pine Top have sold for 9.6% more than they did a year ago.
Summary: The median home sold price in Pine Top was $400,000 in October 2024, up 9.6% from last year, and the median price per square foot was $218.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $572.5K | N/A |
| 2 Bedrooms | $360K | $376.2K | +4.5% |
| 3 Bedrooms | $357.4K | $400K | +11.9% |
| 4 Bedrooms | $420K | $694.7K | +65.4% |
| 5+ Bedrooms | $1.8M | $1.3M | -25.6% |
Summary: Pine Top housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 11.9%, 4 bedroom homes increased by 65.4%, and 5+ bedroom homes decreased by 25.6%.
Median Sold Price Compared To Nearby Cities
| Topping | $401K | $511.2K | +27.5% |
| Pine Top | $365K | $400K | +9.6% |
| Hartfield | $359.5K | $385K | +7.1% |
Housing Supply in Pine Top, VA
How many homes are available in Pine Top, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 92 | 90 | -2.2% |
Summary: The Pine Top real estate market had 90 homes for sale in October 2024, a 2.2% 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 | 12 | 10 | -16.7% |
| 3 Bedrooms | 58 | 60 | +3.4% |
| 4 Bedrooms | 20 | 18 | -10.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Pine Top 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 decreased by 16.7%, 3 bedroom homes increased by 3.4%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 12 | +33.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pine Top, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Pine Top in October 2024, up by 33.3% month-over-month. Of the 9 sold homes, 56% were sold under asking, 22% were sold at asking, and 22% were sold over asking.
Days on Market for Pine Top, VA
How long does it take to sell a home in Pine Top, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 14 Days | 17 Days | +24.6% |
Summary: Homes in Pine Top had an average of 17 days on market in Oct 2024, up by 24.6% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pine Top are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 12 homes were sold in Pine Top; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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