$30,000
5.39 Acres
Land
Zach Antill, Listing Office: ADVANCE LAND AND TIMBER LLC
Is Victoria, 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, Victoria has remained a Seller's Market.
Key Takeaway
Victoria is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Victoria, VA
How much do homes in Victoria, VA cost?
Median Sold Price
$649,900
$259/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$530,400(+443.8%)
Key Takeaway
Homes in Victoria have sold for 443.8% more than they did a month ago.
Summary: The median home sold price in Victoria was $649,900 in November 2024, up 443.8% from last month, and the median price per square foot was $259.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $96K | - | N/A |
| 3 Bedrooms | $119.5K | $649.9K | +443.8% |
| 4 Bedrooms | $130K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Victoria housing prices by bedroom type for November 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 443.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Victoria | $119.5K | $649.9K | +443.8% |
| Meherrin River | $207K | $649.9K | +214.0% |
Housing Supply in Victoria, VA
How many homes are available in Victoria, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 12 | 0.0% |
Summary: The Victoria real estate market had 12 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 10 | 12 | +20.0% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Victoria 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 100%, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Victoria, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Victoria in November 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for Victoria, VA
How long does it take to sell a home in Victoria, VA?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 138 Days | 7 Days | -94.9% |
Summary: Homes in Victoria had an average of 7 days on market in Nov 2024, down by 94.9% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Victoria are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Victoria; 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.
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