$10,000 Closing Credit*
$850,000
3,727 SqFt
3 Beds
•3 Full Baths, 1 Partial
Rockford L Westfall, Listing Office: Corcoran McEnearney
Is Purcellville, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Purcellville was a Seller's Market.
Key Takeaway
Purcellville is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Purcellville, VA
How much do homes in Purcellville, VA cost?
Median Sold Price
$825,000
$267/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$72,500(+9.6%)
Key Takeaway
Homes in Purcellville have sold for 9.6% more than they did a year ago.
Summary: The median home sold price in Purcellville was $825,000 in November 2024, up 9.6% from last year, and the median price per square foot was $267.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $497.2K | $465K | -6.5% |
| 3 Bedrooms | $610K | $599.5K | -1.7% |
| 4 Bedrooms | $776K | $838K | +8.0% |
| 5+ Bedrooms | $882.5K | $1.1M | +31.7% |
Summary: Purcellville 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 decreased by 6.5%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes increased by 8%, and 5+ bedroom homes increased by 31.7%.
Median Sold Price Compared To Nearby Cities
| Blue Ridge | $751.6K | $825K | +9.8% |
| Purcellville | $752.5K | $825K | +9.6% |
Housing Supply in Purcellville, VA
How many homes are available in Purcellville, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 42 | 42 | 0.0% |
Summary: The Purcellville real estate market had 42 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 12 | 12 | 0.0% |
| 4 Bedrooms | 18 | 16 | -11.1% |
| 5+ Bedrooms | 11 | 13 | +18.2% |
Summary: The Purcellville 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 remained the same, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 18.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 6 | -57.1% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Purcellville, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Purcellville in November 2024, down by 57.1% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% were sold over asking.
Days on Market for Purcellville, VA
How long does it take to sell a home in Purcellville, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 18 Days | 63 Days | +245.2% |
Summary: Homes in Purcellville had an average of 63 days on market in Nov 2024, up by 245.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Purcellville has remained consistent over time.
Summary: During November 2024, 6 homes were sold in Purcellville; 17% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
