Is Port Haywood, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Port Haywood is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Port Haywood was a Seller's Market.

Key Takeaway

Port Haywood is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Port Haywood, VA

How much do homes in Port Haywood, VA cost?

Median Sold Price

$330,000

$205/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$57,550(+21.1%)

Key Takeaway

Homes in Port Haywood have sold for 21.1% more than they did a year ago.

Summary: The median home sold price in Port Haywood was $330,000 in October 2024, up 21.1% from last year, and the median price per square foot was $205.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $210K$303K
+44.3%
3 $279.9K$520K
+85.8%
4 -$325K
N/A
5+ --
N/A

Summary: Port Haywood 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 44.3%, 3 bedroom homes increased by 85.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Port Haywood
+21.1%
Chesapeake
+13.8%

Housing Supply in Port Haywood, VA

How many homes are available in Port Haywood, VA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
611+83.3%

Summary: The Port Haywood real estate market had 11 homes for sale in October 2024, a 83.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 13
+200.0%
3 25
+150.0%
4 11
0.0%
5+ 22
0.0%

Summary: The Port Haywood 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 increased by 200%, 3 bedroom homes increased by 150%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Port Haywood, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Port Haywood in October 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Port Haywood, VA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
67 Days5 Days-92.5%

Summary: Homes in Port Haywood had an average of 5 days on market in Oct 2024, down by 92.5% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Port Haywood are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in Port Haywood; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 14 Days Ago

Newest Listings in Port Haywood, VA

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