Is Poquoson, 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, Poquoson has remained a Seller's Market.
Housing Prices in Poquoson, VA
How much do homes in Poquoson, VA cost?
Median Sold Price
$415,000
$208/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Poquoson was $415,000 in May 2024, up 50.9% from last month, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $105K | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | - | $415K | N/A |
4 Bedrooms | $445K | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Poquoson housing prices by bedroom type for May 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Poquoson | $275K | $415K | +50.9% |
Hampton | $284.9K | $300K | +5.3% |
Housing Supply in Poquoson, VA
How many homes are available in Poquoson, VA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
95 | 163 | +71.6% |
Summary: The Poquoson real estate market had 163 homes for sale in May 2024, a 71.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 0 | -100.0% |
2 Bedrooms | 5 | 5 | 0.0% |
3 Bedrooms | 33 | 78 | +136.4% |
4 Bedrooms | 40 | 58 | +45.0% |
5+ Bedrooms | 15 | 22 | +46.7% |
Summary: The Poquoson housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 136.4%, 4 bedroom homes increased by 45%, and 5+ bedroom homes increased by 46.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
17 | 28 | +64.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 28 homes were sold or pending in Poquoson in May 2024, up by 64.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Poquoson, VA
How long does it take to sell a home in Poquoson, VA?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
25 Days | 11 Days | -54.1% |
Summary: Homes in Poquoson had an average of 11 days on market in May 2024, down by 54.1% compared to last month.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 28 homes were sold in Poquoson; 89% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.