$673,064
249.00 Acres
Land
Default Agent Bright, Listing Office: BrightMLS Office
Is Scottsville, 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, Scottsville was a Neutral Market.
Key Takeaway
Scottsville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Scottsville, VA
How much do homes in Scottsville, VA cost?
Median Sold Price
$314,900
$231/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
-$65,100(-17.1%)
Key Takeaway
Homes in Scottsville have sold for 17.1% less than they did a month ago.
Summary: The median home sold price in Scottsville was $314,900 in December 2024, down 17.1% from last month, and the median price per square foot was $231.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $304K | $280K | -7.9% |
| 3 Bedrooms | $449K | $314.9K | -29.9% |
| 4 Bedrooms | - | $350K | N/A |
| 5+ Bedrooms | $380K | - | N/A |
Summary: Scottsville housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.9%, 3 bedroom homes decreased by 29.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Scottsville, VA
How many homes are available in Scottsville, VA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 32 | 28 | -12.5% |
Summary: The Scottsville real estate market had 28 homes for sale in December 2024, a 12.5% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 19 | 17 | -10.5% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Scottsville housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 5 | 7 | +40.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Scottsville, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.
Summary: A total of 7 homes were sold or pending in Scottsville in December 2024, up by 40.0% month-over-month. Of the 7 sold homes, 14% were sold under asking, 43% were sold at asking, and 43% were sold over asking.
Days on Market for Scottsville, VA
How long does it take to sell a home in Scottsville, VA?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 35 Days | 79 Days | +124.8% |
Summary: Homes in Scottsville had an average of 79 days on market in Dec 2024, up by 124.8% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Scottsville has remained consistent over time.
Summary: During December 2024, 7 homes were sold in Scottsville; 14% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
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. 
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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.