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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Schuyler is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Schuyler has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Schuyler, VA

How much do homes in Schuyler, VA cost?

Median Sold Price

$572,500

$220/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$697,500(-54.9%)

Key Takeaway

Homes in Schuyler have sold for 54.9% less than they did a month ago.

Summary: The median home sold price in Schuyler was $572,500 in November 2024, down 54.9% from last month, and the median price per square foot was $220.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $190K-
N/A
3 -$392.5K
N/A
4 $2.3M-
N/A
5+ -$677.5K
N/A

Summary: Schuyler housing prices by bedroom type for November 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

East
+48.2%
Schuyler
-54.9%

Housing Supply in Schuyler, VA

How many homes are available in Schuyler, VA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
107-30.0%

Summary: The Schuyler real estate market had 7 homes for sale in November 2024, a 30.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 45
+25.0%
4 30
-100.0%
5+ 22
0.0%

Summary: The Schuyler 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 decreased by 100%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Schuyler, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Schuyler in November 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Schuyler, VA

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

Average Sale Time

Oct 2024Nov 2024CHANGE
38 Days93 Days+143.5%

Summary: Homes in Schuyler had an average of 93 days on market in Nov 2024, up by 143.5% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 4 homes were sold in Schuyler; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 21 Days Ago

Newest Listings in Schuyler, VA

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