$9,191 Closing Credit*
$774,000
1,560 SqFt
3 Beds
•2 Full Baths
Alice Riviere, Listing Office: Bragg & Company
Is Topping, 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, Topping has remained a Buyer's Market.
Key Takeaway
Topping is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Topping, VA
How much do homes in Topping, VA cost?
Median Sold Price
$511,250
$262/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$110,250(+27.5%)
Key Takeaway
Homes in Topping have sold for 27.5% more than they did a year ago.
Summary: The median home sold price in Topping was $511,250 in October 2024, up 27.5% from last year, and the median price per square foot was $262.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $477.5K | N/A |
| 2 Bedrooms | $435K | $340K | -21.8% |
| 3 Bedrooms | $390K | $457K | +17.2% |
| 4 Bedrooms | $425K | $625K | +47.1% |
| 5+ Bedrooms | $1.1M | $754K | -34.4% |
Summary: Topping 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 decreased by 21.8%, 3 bedroom homes increased by 17.2%, 4 bedroom homes increased by 47.1%, and 5+ bedroom homes decreased by 34.4%.
Housing Supply in Topping, VA
How many homes are available in Topping, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 8 | +14.3% |
Summary: The Topping real estate market had 8 homes for sale in October 2024, a 14.3% 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Topping 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 remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Topping, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Topping in October 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Topping, VA
How long does it take to sell a home in Topping, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 78 Days | 57 Days | -26.9% |
Summary: Homes in Topping had an average of 57 days on market in Oct 2024, down by 26.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Topping has remained consistent over time.
Summary: During October 2024, 1 homes were sold in Topping; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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