$3,741 Closing Credit*
$315,000
1,572 SqFt
4 Beds
•2 Full Baths
STASIA M RICE, Listing Office: AVENUE REALTY, LLC
Is Stanardsville, 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, Stanardsville has remained a Seller's Market.
Key Takeaway
Stanardsville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Stanardsville, VA
How much do homes in Stanardsville, VA cost?
Median Sold Price
$369,000
$222/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$39,000(+11.8%)
Key Takeaway
Homes in Stanardsville have sold for 11.8% more than they did a year ago.
Summary: The median home sold price in Stanardsville was $369,000 in November 2024, up 11.8% from last year, and the median price per square foot was $222.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $582.5K | $206K | -64.6% |
| 2 Bedrooms | $230K | $280K | +21.7% |
| 3 Bedrooms | $319.9K | $358K | +11.9% |
| 4 Bedrooms | $427.5K | $450K | +5.3% |
| 5+ Bedrooms | $1.4M | $570K | -59.6% |
Summary: Stanardsville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 64.6%, 2 bedroom homes increased by 21.7%, 3 bedroom homes increased by 11.9%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes decreased by 59.6%.
Housing Supply in Stanardsville, VA
How many homes are available in Stanardsville, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 23 | -14.8% |
Summary: The Stanardsville real estate market had 23 homes for sale in November 2024, a 14.8% 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 | 7 | 4 | -42.9% |
| 3 Bedrooms | 16 | 13 | -18.8% |
| 4 Bedrooms | 4 | 6 | +50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Stanardsville 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 42.9%, 3 bedroom homes decreased by 18.8%, 4 bedroom homes increased by 50%, 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
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Stanardsville, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Stanardsville in November 2024, the same as the previous month. Of the 8 sold homes, 50% were sold under asking, 38% were sold at asking, and 13% were sold over asking.
Days on Market for Stanardsville, VA
How long does it take to sell a home in Stanardsville, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 18 Days | 48 Days | +161.8% |
Summary: Homes in Stanardsville had an average of 48 days on market in Nov 2024, up by 161.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Stanardsville has remained consistent over time.
Summary: During November 2024, 8 homes were sold in Stanardsville; 38% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 13% 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.