Is Cople, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Cople was a Seller's Market.
Housing Prices in Cople, VA
How much do homes in Cople, VA cost?
Median Sold Price
$290,000
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Cople was $290,000 in April 2024, down 12.4% from last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $703K | - | N/A |
2 Bedrooms | $162.5K | $149K | -8.3% |
3 Bedrooms | $263K | $290K | +10.3% |
4 Bedrooms | $415K | $392K | -5.5% |
5+ Bedrooms | $810K | $465K | -42.6% |
Summary: Cople housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8.3%, 3 bedroom homes increased by 10.3%, 4 bedroom homes decreased by 5.5%, and 5+ bedroom homes decreased by 42.6%.
Median Sold Price Compared To Nearby Cities
Kinsale | $278K | $440K | +58.3% |
Callao | $191.5K | $297.5K | +55.4% |
Cople | $331K | $290K | -12.4% |
Housing Supply in Cople, VA
How many homes are available in Cople, VA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
63 | 68 | +7.9% |
Summary: The Cople real estate market had 68 homes for sale in April 2024, a 7.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 9 | 7 | -22.2% |
3 Bedrooms | 34 | 40 | +17.6% |
4 Bedrooms | 12 | 13 | +8.3% |
5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Cople housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 22.2%, 3 bedroom homes increased by 17.6%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 10 | +100.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Cople in April 2024, up by 100.0% month-over-month. Of the 10 sold homes, 80% were sold under asking, 10% were sold at asking, and 10% were sold over asking.
Days on Market for Cople, VA
How long does it take to sell a home in Cople, VA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
32 Days | 50 Days | +54.4% |
Summary: Homes in Cople had an average of 50 days on market in Apr 2024, up by 54.4% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in Cople; 50% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.