Is White Stone, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing White Stone is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, White Stone was a Seller's Market.

Key Takeaway

White Stone is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in White Stone, VA

How much do homes in White Stone, VA cost?

Median Sold Price

$700,000

$306/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$85,000(-10.8%)

Key Takeaway

Homes in White Stone have sold for 10.8% less than they did a year ago.

Summary: The median home sold price in White Stone was $700,000 in October 2024, down 10.8% from last year, and the median price per square foot was $306.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $1.7M-
N/A
2 $360K$322.5K
-10.4%
3 $525K$695K
+32.4%
4 $950K$1.2M
+28.4%
5+ $2.0M$2.5M
+28.0%

Summary: White Stone 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 10.4%, 3 bedroom homes increased by 32.4%, 4 bedroom homes increased by 28.4%, and 5+ bedroom homes increased by 28%.

Housing Supply in White Stone, VA

How many homes are available in White Stone, VA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2531+24.0%

Summary: The White Stone real estate market had 31 homes for sale in October 2024, a 24.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 1415
+7.1%
4 69
+50.0%
5+ 23
+50.0%

Summary: The White Stone 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 increased by 33.3%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in White Stone, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in White Stone in October 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for White Stone, VA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
31 Days102 Days+221.5%

Summary: Homes in White Stone had an average of 102 days on market in Oct 2024, up by 221.5% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 4 homes were sold in White Stone; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 12 Days Ago

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