$4,216 Closing Credit*
$355,000
1,517 SqFt
4 Beds
•2 Full Baths
Melissa Allen, Listing Office: Swell Real Estate Co
Is Sutherland, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Sutherland has remained a Seller's Market.
Key Takeaway
Sutherland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sutherland, VA
How much do homes in Sutherland, VA cost?
Median Sold Price
$381,500
$208/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$41,500(+12.2%)
Key Takeaway
Homes in Sutherland have sold for 12.2% more than they did a month ago.
Summary: The median home sold price in Sutherland was $381,500 in October 2024, up 12.2% from last month, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $340K | $381.5K | +12.2% |
| 4 Bedrooms | - | $349.5K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Sutherland 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 12.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Sutherland, VA
How many homes are available in Sutherland, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Summary: The Sutherland real estate market had 4 homes for sale in October 2024, a 33.3% decrease 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 4 | 2 | -50.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Sutherland 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 decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Sutherland, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Sutherland in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Sutherland, VA
How long does it take to sell a home in Sutherland, VA?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 Days | 25 Days | +900.0% |
Summary: Homes in Sutherland had an average of 25 days on market in Oct 2024, up by 900% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Sutherland are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Sutherland; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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