$8,016 Closing Credit*
$675,000
1,624 SqFt
3 Beds
•2 Full Baths
Jennifer D Young, Listing Office: Keller Williams Chantilly Ventures
Is Round Hill, 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, Round Hill was a Neutral Market.
Key Takeaway
Round Hill is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Round Hill, VA
How much do homes in Round Hill, VA cost?
Median Sold Price
$792,000
$250/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$17,000(+2.2%)
Key Takeaway
Homes in Round Hill have sold for 2.2% more than they did a year ago.
Summary: The median home sold price in Round Hill was $792,000 in October 2024, up 2.2% from last year, and the median price per square foot was $250.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $260K | N/A |
| 3 Bedrooms | $610K | $599K | -1.8% |
| 4 Bedrooms | $755.1K | $799.9K | +5.9% |
| 5+ Bedrooms | $1.0M | $825K | -19.6% |
Summary: Round Hill 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 decreased by 1.8%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes decreased by 19.6%.
Median Sold Price Compared To Nearby Cities
| Blue Ridge | $748.3K | $825K | +10.2% |
| Round Hill | $775K | $792K | +2.2% |
Housing Supply in Round Hill, VA
How many homes are available in Round Hill, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 20 | +11.1% |
Summary: The Round Hill real estate market had 20 homes for sale in October 2024, a 11.1% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 3 | +50.0% |
| 4 Bedrooms | 9 | 12 | +33.3% |
| 5+ Bedrooms | 7 | 5 | -28.6% |
Summary: The Round Hill 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 remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 28.6%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Round Hill, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Round Hill in October 2024, the same as the previous month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for Round Hill, VA
How long does it take to sell a home in Round Hill, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 33 Days | 13 Days | -59.2% |
Summary: Homes in Round Hill had an average of 13 days on market in Oct 2024, down by 59.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Round Hill are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Round Hill; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
