$110,000
5.00 Acres
Land
Robert W Baird, Listing Office: EXIT Realty Expertise
Is Shiloh, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Shiloh was a Buyer's Market.
Key Takeaway
Shiloh is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Shiloh, VA
How much do homes in Shiloh, VA cost?
Median Sold Price
$549,900
$204/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$64,900(+13.4%)
Key Takeaway
Homes in Shiloh have sold for 13.4% more than they did a year ago.
Summary: The median home sold price in Shiloh was $549,900 in October 2024, up 13.4% from last year, and the median price per square foot was $204.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $144.7K | N/A |
| 2 Bedrooms | $239K | $318.2K | +33.2% |
| 3 Bedrooms | $375K | $444.9K | +18.7% |
| 4 Bedrooms | $540.5K | $620K | +14.7% |
| 5+ Bedrooms | $880.5K | $536K | -39.1% |
Summary: Shiloh housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 33.2%, 3 bedroom homes increased by 18.7%, 4 bedroom homes increased by 14.7%, and 5+ bedroom homes decreased by 39.1%.
Median Sold Price Compared To Nearby Cities
| Shiloh | $485K | $549.9K | +13.4% |
| James Monroe | $400K | $450K | +12.5% |
| King George | $429.9K | $460K | +7.0% |
| Washington | $299.9K | $320K | +6.7% |
| Dahlgren | $385K | $387.5K | +0.6% |
Housing Supply in Shiloh, VA
How many homes are available in Shiloh, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 23 | +4.5% |
Summary: The Shiloh real estate market had 23 homes for sale in October 2024, a 4.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 0 | 2 | +100.0% |
| 3 Bedrooms | 9 | 7 | -22.2% |
| 4 Bedrooms | 10 | 10 | 0.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Shiloh housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Shiloh, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Shiloh in October 2024, down by 33.3% month-over-month. Of the 4 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Shiloh, VA
How long does it take to sell a home in Shiloh, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 13 Days | 17 Days | +24.4% |
Summary: Homes in Shiloh had an average of 17 days on market in Oct 2024, up by 24.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Shiloh are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in Shiloh; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2024 Central Virginia Regional Multiple Listing Service,LLC. All rights reserved