Is Stuarts Draft, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stuarts Draft is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Stuarts Draft has remained a Seller's Market.

Key Takeaway

Stuarts Draft is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Stuarts Draft, VA

How much do homes in Stuarts Draft, VA cost?

Median Sold Price

$332,500

$181/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$18,500(+5.9%)

Key Takeaway

Homes in Stuarts Draft have sold for 5.9% more than they did a month ago.

Summary: The median home sold price in Stuarts Draft was $332,500 in October 2024, up 5.9% from last month, and the median price per square foot was $181.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $314K$332.5K
+5.9%
4 --
N/A
5+ --
N/A

Summary: Stuarts Draft housing prices by bedroom type for October 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 5.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

South River
+12.4%
Stuarts Draft
+5.9%

Housing Supply in Stuarts Draft, VA

How many homes are available in Stuarts Draft, VA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
56+20.0%

Summary: The Stuarts Draft real estate market had 6 homes for sale in October 2024, a 20.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 55
0.0%
4 01
+100.0%
5+ 00
0.0%

Summary: The Stuarts Draft 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 remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stuarts Draft, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Stuarts Draft in October 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Stuarts Draft, VA

How long does it take to sell a home in Stuarts Draft, VA?

Average Sale Time

Sep 2024Oct 2024CHANGE
3 Days3 Days0.0%

Summary: Homes in Stuarts Draft had an average of 3 days on market in Oct 2024, the same as last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 2 homes were sold in Stuarts Draft; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 20 Days Ago

Newest Listings in Stuarts Draft, VA

Nearby Markets to Stuarts Draft, VA

What housing markets are near Stuarts Draft, VA?