$3,384 Closing Credit*
$285,000
1,828 SqFt
Krystle Smith, Listing Office: CENTURY 21 New Millennium
Is Stevensburg, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Stevensburg was a Buyer's Market.
Key Takeaway
Stevensburg is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Stevensburg, VA
How much do homes in Stevensburg, VA cost?
Median Sold Price
$500,000
$210/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$20,000(+4.2%)
Key Takeaway
Homes in Stevensburg have sold for 4.2% more than they did a year ago.
Summary: The median home sold price in Stevensburg was $500,000 in November 2024, up 4.2% from last year, and the median price per square foot was $210.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $302.9K | $402.5K | +32.8% |
| 3 Bedrooms | $400.7K | $415K | +3.6% |
| 4 Bedrooms | $560K | $575.3K | +2.7% |
| 5+ Bedrooms | $545K | $585K | +7.3% |
Summary: Stevensburg housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 32.8%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 7.3%.
Median Sold Price Compared To Nearby Cities
| Richardsville | $465K | $490K | +5.4% |
| Stevensburg | $480K | $500K | +4.2% |
Housing Supply in Stevensburg, VA
How many homes are available in Stevensburg, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 49 | 46 | -6.1% |
Summary: The Stevensburg real estate market had 46 homes for sale in November 2024, a 6.1% 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 22 | 22 | 0.0% |
| 4 Bedrooms | 20 | 17 | -15.0% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Stevensburg 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 15%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 10 | +11.1% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Stevensburg, you could pay more than the asking price. 40% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in Stevensburg in November 2024, up by 11.1% month-over-month. Of the 10 sold homes, 30% were sold under asking, 30% were sold at asking, and 40% were sold over asking.
Days on Market for Stevensburg, VA
How long does it take to sell a home in Stevensburg, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 44 Days | 27 Days | -37.6% |
Summary: Homes in Stevensburg had an average of 27 days on market in Nov 2024, down by 37.6% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Stevensburg are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 10 homes were sold in Stevensburg; 60% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 10% 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.