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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rixeyville is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Rixeyville has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Rixeyville, VA

How much do homes in Rixeyville, VA cost?

Median Sold Price

$431,100

$223/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$78,900(-15.5%)

Key Takeaway

Homes in Rixeyville have sold for 15.5% less than they did a month ago.

Summary: The median home sold price in Rixeyville was $431,100 in November 2024, down 15.5% from last month, and the median price per square foot was $223.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$431.1K
N/A
3 --
N/A
4 $510K-
N/A
5+ --
N/A

Summary: Rixeyville housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Rixeyville, VA

How many homes are available in Rixeyville, VA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1316+23.1%

Summary: The Rixeyville real estate market had 16 homes for sale in November 2024, a 23.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 22
0.0%
4 67
+16.7%
5+ 35
+66.7%

Summary: The Rixeyville 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 increased by 16.7%, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rixeyville, 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 Rixeyville 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 Rixeyville, VA

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

Average Sale Time

Oct 2024Nov 2024CHANGE
166 Days10 Days-93.7%

Summary: Homes in Rixeyville had an average of 10 days on market in Nov 2024, down by 93.7% compared to last month.

Breakdown of Home Sale Times

2 Homes Were 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 Rixeyville are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in Rixeyville; 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 21 Days Ago

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