$6,947 Closing Credit*
$585,000
3,300 SqFt
5 Beds
•3 Full Baths, 1 Partial
#10563511, Lacey Whitaker, Listing Office: RE/MAX Peninsula
Is Stonehouse, 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, Stonehouse has remained a Seller's Market.
Key Takeaway
Stonehouse is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Stonehouse, VA
How much do homes in Stonehouse, VA cost?
Median Sold Price
$470,000
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$50,000(+11.9%)
Key Takeaway
Homes in Stonehouse have sold for 11.9% more than they did a year ago.
Summary: The median home sold price in Stonehouse was $470,000 in November 2024, up 11.9% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $66K | N/A |
| 2 Bedrooms | $211K | $270K | +28.0% |
| 3 Bedrooms | $363.5K | $378.5K | +4.1% |
| 4 Bedrooms | $475K | $529.9K | +11.6% |
| 5+ Bedrooms | $514.5K | $549K | +6.7% |
Summary: Stonehouse 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 28%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 11.6%, and 5+ bedroom homes increased by 6.7%.
Median Sold Price Compared To Nearby Cities
| Williamsburg | $445.6K | $501.2K | +12.5% |
| Stonehouse | $420K | $470K | +11.9% |
| Powhatan | $463.9K | $495.4K | +6.8% |
| Lanexa | $377.4K | $399.9K | +6.0% |
| Barhamsville | $349.9K | $289K | -17.4% |
Housing Supply in Stonehouse, VA
How many homes are available in Stonehouse, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 141 | 135 | -4.3% |
Summary: The Stonehouse real estate market had 135 homes for sale in November 2024, a 4.3% 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 | 5 | 4 | -20.0% |
| 3 Bedrooms | 75 | 79 | +5.3% |
| 4 Bedrooms | 39 | 34 | -12.8% |
| 5+ Bedrooms | 22 | 18 | -18.2% |
Summary: The Stonehouse 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 20%, 3 bedroom homes increased by 5.3%, 4 bedroom homes decreased by 12.8%, and 5+ bedroom homes decreased by 18.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 31 | 35 | +12.9% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Stonehouse, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 35 homes were sold or pending in Stonehouse in November 2024, up by 12.9% month-over-month. Of the 12 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Stonehouse, VA
How long does it take to sell a home in Stonehouse, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 30 Days | 54 Days | +79.6% |
Summary: Homes in Stonehouse had an average of 54 days on market in Nov 2024, up by 79.6% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Stonehouse are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 35 homes were sold in Stonehouse; 43% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
Copyright © 2024 REIN, Inc - All Rights Reserved. Information Deemed Reliable But Not Guaranteed. 
All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2024 Central Virginia Regional Multiple Listing Service,LLC. All rights reserved
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.