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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Roberts is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Roberts was a Buyer's Market.

Key Takeaway

Roberts is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Roberts, VA

How much do homes in Roberts, VA cost?

Median Sold Price

$510,000

$215/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$7,240(+1.4%)

Key Takeaway

Homes in Roberts have sold for 1.4% more than they did a year ago.

Summary: The median home sold price in Roberts was $510,000 in November 2024, up 1.4% from last year, and the median price per square foot was $215.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $348K$242.7K
-30.2%
3 $417.5K$450K
+7.8%
4 $987K$795K
-19.5%
5+ $545K$1.0M
+97.2%

Summary: Roberts 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 30.2%, 3 bedroom homes increased by 7.8%, 4 bedroom homes decreased by 19.5%, and 5+ bedroom homes increased by 97.2%.

Median Sold Price Compared To Nearby Cities

Jamestown
+30.9%
Williamsburg
+12.5%
Williamsburg
+11.9%
Roberts
+1.4%

Housing Supply in Roberts, VA

How many homes are available in Roberts, VA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8379-4.8%

Summary: The Roberts real estate market had 79 homes for sale in November 2024, a 4.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1010
0.0%
3 3230
-6.3%
4 3430
-11.8%
5+ 79
+28.6%

Summary: The Roberts 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 decreased by 6.3%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes increased by 28.6%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2118-14.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Roberts, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in Roberts in November 2024, down by 14.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Roberts, VA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
12 Days26 Days+114.2%

Summary: Homes in Roberts had an average of 26 days on market in Nov 2024, up by 114.2% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 18 homes were sold in Roberts; 61% of homes were sold within 30 days, 39% 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 20 Days Ago

Newest Listings in Roberts, VA

Nearby Markets to Roberts, VA

What housing markets are near Roberts, VA?