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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Livingston is a neutral's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

Livingston is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Livingston, VA

How much do homes in Livingston, VA cost?

Median Sold Price

$545,488

$217/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$81,838(+17.7%)

Key Takeaway

Homes in Livingston have sold for 17.7% more than they did a year ago.

Summary: The median home sold price in Livingston was $545,488 in May 2024, up 17.7% from last year, and the median price per square foot was $217.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $210K$250K
+19.0%
2 $325.5K$270K
-17.1%
3 $352K$410.5K
+16.6%
4 $550K$635K
+15.5%
5+ $936.5K$875.9K
-6.5%

Summary: Livingston housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19%, 2 bedroom homes decreased by 17.1%, 3 bedroom homes increased by 16.6%, 4 bedroom homes increased by 15.5%, and 5+ bedroom homes decreased by 6.5%.

Median Sold Price Compared To Nearby Cities

Livingston
+17.7%
Spotsylvania
+8.3%
Locust Grove
+5.7%
Berkeley
+2.0%
Partlow
-12.6%

Housing Supply in Livingston, VA

How many homes are available in Livingston, VA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
210236+12.4%

Summary: The Livingston real estate market had 236 homes for sale in May 2024, a 12.4% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 67
+16.7%
3 6371
+12.7%
4 8497
+15.5%
5+ 5761
+7.0%

Summary: The Livingston housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 12.7%, 4 bedroom homes increased by 15.5%, and 5+ bedroom homes increased by 7%.

Number of Homes Sold

Apr 2024May 2024CHANGE
3438+11.8%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

14 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Livingston, you may be able to get a good deal. 39.5% of homes here sold below asking price last month.

Summary: A total of 38 homes were sold or pending in Livingston in May 2024, up by 11.8% month-over-month. Of the 38 sold homes, 39% were sold under asking, 37% were sold at asking, and 24% were sold over asking.

Days on Market for Livingston, VA

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

Average Sale Time

May 2023May 2024CHANGE
22 Days44 Days+96.4%

Summary: Homes in Livingston had an average of 44 days on market in May 2024, up by 96.4% compared to last year.

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 38 homes were sold in Livingston; 55% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 16% 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 1 Day Ago

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