$10,000 Closing Credit*
$1,925,000
4,883 SqFt
5 Beds
•4 Full Baths, 1 Partial
Tray Allen, Listing Office: Allen Real Estate
Is Rixeyville, 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, Rixeyville was a Seller'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
$510,000
$249/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$82,500(+19.3%)
Key Takeaway
Homes in Rixeyville have sold for 19.3% more than they did a year ago.
Summary: The median home sold price in Rixeyville was $510,000 in October 2024, up 19.3% from last year, and the median price per square foot was $249.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $330K | N/A |
| 2 Bedrooms | - | $410K | N/A |
| 3 Bedrooms | $419.9K | $499.9K | +19.0% |
| 4 Bedrooms | $540K | $590K | +9.3% |
| 5+ Bedrooms | - | $375K | N/A |
Summary: Rixeyville 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 did not change, 3 bedroom homes increased by 19%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Catalpa | $435K | $520K | +19.5% |
| Rixeyville | $427.4K | $510K | +19.3% |
| Jefferson | $597K | $595K | -0.3% |
Housing Supply in Rixeyville, VA
How many homes are available in Rixeyville, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 15 | -16.7% |
Summary: The Rixeyville real estate market had 15 homes for sale in October 2024, a 16.7% 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 | 3 | 2 | -33.3% |
| 3 Bedrooms | 6 | 4 | -33.3% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Rixeyville 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 33.3%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 1 | -88.9% |
Asking Price vs. Sold Price
0 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 Rixeyville, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Rixeyville in October 2024, down by 88.9% month-over-month. Of the 1 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 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 25 Days | 166 Days | +553.5% |
Summary: Homes in Rixeyville had an average of 166 days on market in Oct 2024, up by 553.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Rixeyville are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 1 homes were sold in Rixeyville; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
Information is provided by Charlottesville Area Association of Realtors®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user.