$4,749 Closing Credit*
$399,900
1,524 SqFt
3 Beds
•2 Full Baths
Sean Jones, Listing Office: Samson Properties
Is Richardsville, 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, Richardsville has remained a Seller's Market.
Key Takeaway
Richardsville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Richardsville, VA
How much do homes in Richardsville, VA cost?
Median Sold Price
$490,000
$297/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$25,000(+5.4%)
Key Takeaway
Homes in Richardsville have sold for 5.4% more than they did a year ago.
Summary: The median home sold price in Richardsville was $490,000 in November 2024, up 5.4% from last year, and the median price per square foot was $297.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $401.6K | $485K | +20.7% |
| 4 Bedrooms | $631K | $490K | -22.4% |
| 5+ Bedrooms | - | $490K | N/A |
Summary: Richardsville 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 did not change, 3 bedroom homes increased by 20.7%, 4 bedroom homes decreased by 22.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Richardsville | $465K | $490K | +5.4% |
| Stevensburg | $480K | $500K | +4.2% |
| Chancellor | $448K | $451K | +0.7% |
Housing Supply in Richardsville, VA
How many homes are available in Richardsville, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 10 | +25.0% |
Summary: The Richardsville real estate market had 10 homes for sale in November 2024, a 25.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Richardsville 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 increased by 25%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 0 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Richardsville, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in Richardsville in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Richardsville, VA
How long does it take to sell a home in Richardsville, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 31 Days | 38 Days | +22.6% |
Summary: Homes in Richardsville had an average of 38 days on market in Nov 2024, up by 22.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Richardsville has remained consistent over time.
Summary: During November 2024, 2 homes were sold in Richardsville; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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