$159,900
1.85 Acres
Land
Cherice N Clark, Listing Office: Clark Premier Realty Group
Is Rockingham County, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Rockingham County was a Seller's Market.
Key Takeaway
Rockingham County 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 Rockingham County, VA
How much do homes in Rockingham County, VA cost?
Median Sold Price
$417,500
$205/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$12,500(+3.1%)
Key Takeaway
Homes in Rockingham County have sold for 3.1% more than they did a month ago.
Summary: The median home sold price in Rockingham County was $417,500 in October 2024, up 3.1% from last month, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $255K | $358K | +40.4% |
| 4 Bedrooms | $501K | $466K | -7.0% |
| 5+ Bedrooms | $757.2K | - | N/A |
Summary: Rockingham County housing prices by bedroom type for October 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 increased by 40.4%, 4 bedroom homes decreased by 7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
| Augusta County | $321.5K | $410K | +27.5% |
| Rockingham County | $405K | $417.5K | +3.1% |
Housing Supply in Rockingham County, VA
How many homes are available in Rockingham County, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 57 | 61 | +7.0% |
Summary: The Rockingham County real estate market had 61 homes for sale in October 2024, a 7.0% increase 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 | 4 | +33.3% |
| 3 Bedrooms | 31 | 36 | +16.1% |
| 4 Bedrooms | 17 | 14 | -17.6% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Rockingham County 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 increased by 33.3%, 3 bedroom homes increased by 16.1%, 4 bedroom homes decreased by 17.6%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 10 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rockingham County, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Rockingham County in October 2024, the same as the previous month. Of the 10 sold homes, 40% were sold under asking, 30% were sold at asking, and 30% were sold over asking.
Days on Market for Rockingham County, VA
How long does it take to sell a home in Rockingham County, VA?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 58 Days | 42 Days | -28.1% |
Summary: Homes in Rockingham County had an average of 42 days on market in Oct 2024, down by 28.1% compared to last month.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Rockingham County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 10 homes were sold in Rockingham County; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this web site does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed regularly, but its accuracy is subject to market changes. 
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. 
All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2024 Central Virginia Regional Multiple Listing Service,LLC. All rights reserved