Is Round Hill, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Round Hill is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Round Hill has remained a Seller's 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

$799,900

$247/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$24,900(+3.2%)

Key Takeaway

Homes in Round Hill have sold for 3.2% more than they did a year ago.

Summary: The median home sold price in Round Hill was $799,900 in November 2024, up 3.2% from last year, and the median price per square foot was $247.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $260K-
N/A
3 $610K$587K
-3.8%
4 $755.1K$800K
+5.9%
5+ $1.0M$845.1K
-16.6%

Summary: Round Hill 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 did not change, 3 bedroom homes decreased by 3.8%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes decreased by 16.6%.

Median Sold Price Compared To Nearby Cities

Blue Ridge
+9.8%
Round Hill
+3.2%

Housing Supply in Round Hill, VA

How many homes are available in Round Hill, VA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
19190.0%

Summary: The Round Hill real estate market had 19 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 34
+33.3%
4 109
-10.0%
5+ 66
0.0%

Summary: The Round Hill 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 increased by 33.3%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
64-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Round Hill, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Round Hill in November 2024, down by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% 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

Nov 2023Nov 2024CHANGE
25 Days5 Days-78.6%

Summary: Homes in Round Hill had an average of 5 days on market in Nov 2024, down by 78.6% compared to last year.

Breakdown of Home Sale Times

4 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 Round Hill are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 4 homes were sold in Round Hill; 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 17 Days Ago

Newest Listings in Round Hill, VA

Nearby Markets to Round Hill, VA

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