Is Tuckahoe, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tuckahoe is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Tuckahoe has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Tuckahoe, VA

How much do homes in Tuckahoe, VA cost?

Median Sold Price

$472,250

$232/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$21,535(+4.8%)

Key Takeaway

Homes in Tuckahoe have sold for 4.8% more than they did a year ago.

Summary: The median home sold price in Tuckahoe was $472,250 in October 2024, up 4.8% from last year, and the median price per square foot was $232.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $155K$170.7K
+10.2%
2 $260K$275K
+5.8%
3 $377.2K$380.1K
+0.8%
4 $549.9K$543.7K
-1.1%
5+ $840K$930K
+10.7%

Summary: Tuckahoe housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.2%, 2 bedroom homes increased by 5.8%, 3 bedroom homes increased by 0.8%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes increased by 10.7%.

Median Sold Price Compared To Nearby Cities

Three Chopt
+14.0%
Richmond
+9.2%
Richmond
+8.6%
Midlothian
+6.0%
Tuckahoe
+4.8%

Housing Supply in Tuckahoe, VA

How many homes are available in Tuckahoe, VA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
162207+27.8%

Summary: The Tuckahoe real estate market had 207 homes for sale in October 2024, a 27.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 02
+100.0%
2 1622
+37.5%
3 4868
+41.7%
4 6880
+17.6%
5+ 3035
+16.7%

Summary: The Tuckahoe housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 37.5%, 3 bedroom homes increased by 41.7%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4051+27.5%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

26 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tuckahoe, you could pay more than the asking price. 52% of homes here sold above asking price last month.

Summary: A total of 51 homes were sold or pending in Tuckahoe in October 2024, up by 27.5% month-over-month. Of the 50 sold homes, 32% were sold under asking, 16% were sold at asking, and 52% were sold over asking.

Days on Market for Tuckahoe, VA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
9 Days15 Days+70.7%

Summary: Homes in Tuckahoe had an average of 15 days on market in Oct 2024, up by 70.7% compared to last year.

Breakdown of Home Sale Times

44 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 51 homes were sold in Tuckahoe; 86% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 4% 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 16 Days Ago

Newest Listings in Tuckahoe, VA

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