$4,631 Closing Credit*
$390,000
1,579 SqFt
3 Beds
•1 Full Bath, 1 Partial
Patricia Arruda, Listing Office: Ross Real Estate
Is Sudley, 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, Sudley has remained a Seller's Market.
Key Takeaway
Sudley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sudley, VA
How much do homes in Sudley, VA cost?
Median Sold Price
$450,000
$267/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$44,000(+10.8%)
Key Takeaway
Homes in Sudley have sold for 10.8% more than they did a year ago.
Summary: The median home sold price in Sudley was $450,000 in November 2024, up 10.8% from last year, and the median price per square foot was $267.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $300K | N/A |
| 2 Bedrooms | $325K | $330K | +1.5% |
| 3 Bedrooms | $366.5K | $388.7K | +6.1% |
| 4 Bedrooms | $460K | $545K | +18.5% |
| 5+ Bedrooms | $547.5K | $550K | 0.5% |
Summary: Sudley 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 1.5%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 18.5%, and 5+ bedroom homes increased by 0.5%.
Median Sold Price Compared To Nearby Neighborhoods
| Sudley | $406K | $450K | +10.8% |
| Bull Run District | $592.2K | $637K | +7.6% |
| Bull Run | $810K | $800K | -1.2% |
Housing Supply in Sudley, VA
How many homes are available in Sudley, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 34 | 30 | -11.8% |
Summary: The Sudley real estate market had 30 homes for sale in November 2024, a 11.8% 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 | 3 | 1 | -66.7% |
| 3 Bedrooms | 19 | 19 | 0.0% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 4 | 2 | -50.0% |
Summary: The Sudley 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 66.7%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 8 | -57.9% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sudley, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in Sudley in November 2024, down by 57.9% month-over-month. Of the 8 sold homes, 13% were sold under asking, 25% were sold at asking, and 63% were sold over asking.
Days on Market for Sudley, VA
How long does it take to sell a home in Sudley, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 9 Days | 21 Days | +129.6% |
Summary: Homes in Sudley had an average of 21 days on market in Nov 2024, up by 129.6% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Sudley are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 8 homes were sold in Sudley; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
