Is White Hall, 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, White Hall has remained a Seller's Market.
Key Takeaway
White Hall is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in White Hall, VA
How much do homes in White Hall, VA cost?
Median Sold Price
$597,597
$250/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in White Hall have sold for 10.7% more than they did a month ago.
Summary: The median home sold price in White Hall was $597,597 in May 2024, up 10.7% from last month, and the median price per square foot was $250.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $338K | $227.5K | -32.7% |
| 3 Bedrooms | $514.9K | $475.5K | -7.7% |
| 4 Bedrooms | $585K | $671K | +14.7% |
| 5+ Bedrooms | $975K | $1.2M | +28.2% |
Summary: White Hall 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 decreased by 32.7%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes increased by 14.7%, and 5+ bedroom homes increased by 28.2%.
Median Sold Price Compared To Nearby Cities
| White Hall | $540K | $597.5K | +10.7% |
| Crozet | $550K | $578.7K | +5.2% |
| Charlottesville | $556.2K | $515K | -7.4% |
| Free Union | $1.6M | $1.0M | -40.5% |
Housing Supply in White Hall, VA
How many homes are available in White Hall, VA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 153 | 146 | -4.6% |
Summary: The White Hall real estate market had 146 homes for sale in May 2024, a 4.6% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 6 | 2 | -66.7% |
| 3 Bedrooms | 62 | 62 | 0.0% |
| 4 Bedrooms | 58 | 60 | +3.4% |
| 5+ Bedrooms | 26 | 21 | -19.2% |
Summary: The White Hall 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 decreased by 66.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes decreased by 19.2%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 28 | 45 | +60.7% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in White Hall, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.
Summary: A total of 45 homes were sold or pending in White Hall in May 2024, up by 60.7% month-over-month. Of the 45 sold homes, 29% were sold under asking, 27% were sold at asking, and 44% were sold over asking.
Days on Market for White Hall, VA
How long does it take to sell a home in White Hall, VA?
Average Sale Time
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 29 Days | 16 Days | -45.4% |
Summary: Homes in White Hall had an average of 16 days on market in May 2024, down by 45.4% compared to last month.
Breakdown of Home Sale Times
35 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in White Hall are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 45 homes were sold in White Hall; 78% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
Information is provided by Charlottesville Area Association of Realtors®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user.