$4,036 Closing Credit*
$339,900
1,461 SqFt
3 Beds
•2 Full Baths
Charlie A Watts II, Listing Office: Watts Auction Realty Appraisals Inc
Is Seneca, 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, Seneca was a Buyer's Market.
Key Takeaway
Seneca is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Seneca, VA
How much do homes in Seneca, VA cost?
Median Sold Price
$285,000
$182/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$10,000(+3.6%)
Key Takeaway
Homes in Seneca have sold for 3.6% more than they did a year ago.
Summary: The median home sold price in Seneca was $285,000 in November 2024, up 3.6% from last year, and the median price per square foot was $182.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $240K | $254.9K | +6.2% |
| 3 Bedrooms | $279.9K | $280.9K | 0.4% |
| 4 Bedrooms | $263K | $414.5K | +57.6% |
| 5+ Bedrooms | $555K | $775K | +39.6% |
Summary: Seneca 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 6.2%, 3 bedroom homes increased by 0.4%, 4 bedroom homes increased by 57.6%, and 5+ bedroom homes increased by 39.6%.
Housing Supply in Seneca, VA
How many homes are available in Seneca, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 38 | 30 | -21.1% |
Summary: The Seneca real estate market had 30 homes for sale in November 2024, a 21.1% 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 | 1 | -50.0% |
| 3 Bedrooms | 28 | 22 | -21.4% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Seneca 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 50%, 3 bedroom homes decreased by 21.4%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 8 | 0.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Seneca, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Seneca in November 2024, the same as the previous month. Of the 8 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% were sold over asking.
Days on Market for Seneca, VA
How long does it take to sell a home in Seneca, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 7 Days | 70 Days | +912.5% |
Summary: Homes in Seneca had an average of 70 days on market in Nov 2024, up by 912.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Seneca are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 8 homes were sold in Seneca; 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.
