$3,859 Closing Credit*
$325,000
1,076 SqFt
2 Beds
•2 Full Baths
Janet L Carroll, Listing Office: Integrity Choice Realty, Inc.
Is South Anna, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, South Anna has remained a Seller's Market.
Key Takeaway
South Anna is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in South Anna, VA
How much do homes in South Anna, VA cost?
Median Sold Price
$525,000
$243/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$55,000(+11.7%)
Key Takeaway
Homes in South Anna have sold for 11.7% more than they did a year ago.
Summary: The median home sold price in South Anna was $525,000 in November 2024, up 11.7% from last year, and the median price per square foot was $243.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $239.9K | $261.4K | +9.0% |
| 2 Bedrooms | $320K | $320K | 0.0% |
| 3 Bedrooms | $394.9K | $477.8K | +21.0% |
| 4 Bedrooms | $565K | $649.9K | +15.0% |
| 5+ Bedrooms | $780K | $832.3K | +6.7% |
Summary: South Anna housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9%, 2 bedroom homes did not change, 3 bedroom homes increased by 21%, 4 bedroom homes increased by 15%, and 5+ bedroom homes increased by 6.7%.
Median Sold Price Compared To Nearby Cities
| Three Chopt | $470.6K | $538.9K | +14.5% |
| South Anna | $470K | $525K | +11.7% |
| Brookland | $354.3K | $386.1K | +9.0% |
| Glen Allen | $473.9K | $511K | +7.8% |
| Beaverdam | $548.3K | $571.3K | +4.2% |
Housing Supply in South Anna, VA
How many homes are available in South Anna, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 115 | 113 | -1.7% |
Summary: The South Anna real estate market had 113 homes for sale in November 2024, a 1.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 31 | 34 | +9.7% |
| 3 Bedrooms | 29 | 24 | -17.2% |
| 4 Bedrooms | 35 | 37 | +5.7% |
| 5+ Bedrooms | 18 | 17 | -5.6% |
Summary: The South Anna housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 9.7%, 3 bedroom homes decreased by 17.2%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes decreased by 5.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 21 | -4.5% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South Anna, expect to pay close to the asking price. 38.1% of homes here sold near the asking price last month.
Summary: A total of 21 homes were sold or pending in South Anna in November 2024, down by 4.5% month-over-month. Of the 21 sold homes, 24% were sold under asking, 38% were sold at asking, and 38% were sold over asking.
Days on Market for South Anna, VA
How long does it take to sell a home in South Anna, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 25 Days | 58 Days | +130.3% |
Summary: Homes in South Anna had an average of 58 days on market in Nov 2024, up by 130.3% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in South Anna are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 21 homes were sold in South Anna; 67% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.
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