$10,000 Closing Credit*
$1,899,000
5,003 SqFt
5 Beds
•5 Full Baths, 1 Partial
JEREMY FIELDS, Listing Office: MCLEAN FAULCONER INC., REALTOR
Is Samuel Miller, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Samuel Miller was a Neutral Market.
Key Takeaway
Samuel Miller is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Samuel Miller, VA
How much do homes in Samuel Miller, VA cost?
Median Sold Price
$822,500
$282/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$65,125(-7.3%)
Key Takeaway
Homes in Samuel Miller have sold for 7.3% less than they did a year ago.
Summary: The median home sold price in Samuel Miller was $822,500 in November 2024, down 7.3% from last year, and the median price per square foot was $282.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $751K | - | N/A |
| 2 Bedrooms | $415K | $594.5K | +43.3% |
| 3 Bedrooms | $505K | $520K | +3.0% |
| 4 Bedrooms | $892.7K | $850K | -4.8% |
| 5+ Bedrooms | $1.4M | $1.4M | -0.7% |
Summary: Samuel Miller 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 increased by 43.3%, 3 bedroom homes increased by 3%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes decreased by 0.7%.
Median Sold Price Compared To Nearby Cities
| Charlottesville | $490.1K | $535.8K | +9.3% |
| Charlottesville | $490.9K | $536K | +9.2% |
| Samuel Miller | $887.6K | $822.5K | -7.3% |
| Jack Jouett | $440K | $398K | -9.5% |
Housing Supply in Samuel Miller, VA
How many homes are available in Samuel Miller, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 51 | 47 | -7.8% |
Summary: The Samuel Miller real estate market had 47 homes for sale in November 2024, a 7.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 23 | 21 | -8.7% |
| 4 Bedrooms | 13 | 11 | -15.4% |
| 5+ Bedrooms | 13 | 13 | 0.0% |
Summary: The Samuel Miller 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 8.7%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 14 | +27.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Samuel Miller, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 14 homes were sold or pending in Samuel Miller in November 2024, up by 27.3% month-over-month. Of the 14 sold homes, 21% were sold under asking, 29% were sold at asking, and 50% were sold over asking.
Days on Market for Samuel Miller, VA
How long does it take to sell a home in Samuel Miller, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 6 Days | 16 Days | +155.6% |
Summary: Homes in Samuel Miller had an average of 16 days on market in Nov 2024, up by 155.6% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Samuel Miller are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 14 homes were sold in Samuel Miller; 86% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
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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.