$5,403 Closing Credit*
$455,000
1,570 SqFt
2 Beds
•2 Full Baths
Vincent A Knight, Listing Office: Redfin Corporation
Is Stone Ridge, 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, Stone Ridge has remained a Seller's Market.
Key Takeaway
Stone Ridge is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Stone Ridge, VA
How much do homes in Stone Ridge, VA cost?
Median Sold Price
$642,500
$268/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$47,500(+8.0%)
Key Takeaway
Homes in Stone Ridge have sold for 8% more than they did a year ago.
Summary: The median home sold price in Stone Ridge was $642,500 in October 2024, up 8% from last year, and the median price per square foot was $268.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $322.1K | N/A |
| 2 Bedrooms | $393.7K | $425K | +7.9% |
| 3 Bedrooms | $537.5K | $550K | +2.3% |
| 4 Bedrooms | $778.5K | $856.5K | +10.0% |
| 5+ Bedrooms | $970K | $1.1M | +22.7% |
Summary: Stone Ridge 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 increased by 7.9%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 22.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Stone Ridge North | $540K | $685.5K | +26.9% |
| Stone Ridge | $595K | $642.5K | +8.0% |
Housing Supply in Stone Ridge, VA
How many homes are available in Stone Ridge, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 35 | 37 | +5.7% |
Summary: The Stone Ridge real estate market had 37 homes for sale in October 2024, a 5.7% 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 | 4 | 4 | 0.0% |
| 3 Bedrooms | 19 | 20 | +5.3% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Stone Ridge 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 increased by 5.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 16 | +23.1% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Stone Ridge, you could pay more than the asking price. 56.3% of homes here sold above asking price last month.
Summary: A total of 16 homes were sold or pending in Stone Ridge in October 2024, up by 23.1% month-over-month. Of the 16 sold homes, 13% were sold under asking, 31% were sold at asking, and 56% were sold over asking.
Days on Market for Stone Ridge, VA
How long does it take to sell a home in Stone Ridge, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 16 Days | 17 Days | +2.5% |
Summary: Homes in Stone Ridge had an average of 17 days on market in Oct 2024, up by 2.5% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Stone Ridge are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 16 homes were sold in Stone Ridge; 69% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
