$8,894 Closing Credit*
$749,000
2,840 SqFt
4 Beds
•2 Full Baths, 2 Partial
Ashleigh Cannon, Listing Office: Cheri Woodard Realty
Is Sperryville, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Sperryville has remained a Seller's Market.
Key Takeaway
Sperryville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sperryville, VA
How much do homes in Sperryville, VA cost?
Median Sold Price
$450,000
$276/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$75,000(-14.3%)
Key Takeaway
Homes in Sperryville have sold for 14.3% less than they did a year ago.
Summary: The median home sold price in Sperryville was $450,000 in October 2024, down 14.3% from last year, and the median price per square foot was $276.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $255K | N/A |
| 2 Bedrooms | $651.5K | $450K | -30.9% |
| 3 Bedrooms | $502.5K | $410K | -18.4% |
| 4 Bedrooms | $1.0M | $450K | -57.1% |
| 5+ Bedrooms | $1.0M | $1.2M | +18.6% |
Summary: Sperryville 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 decreased by 30.9%, 3 bedroom homes decreased by 18.4%, 4 bedroom homes decreased by 57.1%, and 5+ bedroom homes increased by 18.6%.
Median Sold Price Compared To Nearby Cities
| Sperryville | $525K | $450K | -14.3% |
| Piedmont | $660K | $525K | -20.5% |
Housing Supply in Sperryville, VA
How many homes are available in Sperryville, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 15 | +15.4% |
Summary: The Sperryville real estate market had 15 homes for sale in October 2024, a 15.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The Sperryville 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 5 | +100.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Sperryville, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Sperryville in October 2024, up by 100.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for Sperryville, VA
How long does it take to sell a home in Sperryville, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 25 Days | 84 Days | +230.2% |
Summary: Homes in Sperryville had an average of 84 days on market in Oct 2024, up by 230.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Sperryville has remained consistent over time.
Summary: During October 2024, 5 homes were sold in Sperryville; 0% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
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