Is Stanardsville, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stanardsville is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 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

$648,750

$282/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$330,750(+104.0%)

Key Takeaway

Homes in Stanardsville have sold for 104% more than they did a month ago.

Summary: The median home sold price in Stanardsville was $648,750 in December 2024, up 104% from last month, and the median price per square foot was $282.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $243K-
N/A
3 $356K$657.5K
+84.7%
4 $450K$398K
-11.6%
5+ -$832.5K
N/A

Summary: Stanardsville housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 84.7%, 4 bedroom homes decreased by 11.6%, and 5+ bedroom homes did not change.

Housing Supply in Stanardsville, VA

How many homes are available in Stanardsville, VA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2722-18.5%

Summary: The Stanardsville real estate market had 22 homes for sale in December 2024, a 18.5% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 42
-50.0%
3 1513
-13.3%
4 65
-16.7%
5+ 22
0.0%

Summary: The Stanardsville housing inventory by bedroom type for December 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 13.3%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
880.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stanardsville, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Stanardsville in December 2024, the same as the previous month. Of the 8 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% 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 2024Dec 2024CHANGE
48 Days51 Days+8.1%

Summary: Homes in Stanardsville had an average of 51 days on market in Dec 2024, up by 8.1% compared to last month.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Stanardsville are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 8 homes were sold in Stanardsville; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

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