Is Crozet, 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, Crozet has remained a Seller's Market.
Housing Prices in Crozet, VA
How much do homes in Crozet, VA cost?
Median Sold Price
$550,000
$228/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Crozet was $550,000 in April 2024, down 2.9% from last month, and the median price per square foot was $228.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $302K | N/A |
3 Bedrooms | $460K | $510.9K | +11.1% |
4 Bedrooms | $724.9K | $650K | -10.3% |
5+ Bedrooms | $1.0M | $710K | -29.7% |
Summary: Crozet housing prices by bedroom type for April 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 increased by 11.1%, 4 bedroom homes decreased by 10.3%, and 5+ bedroom homes decreased by 29.7%.
Median Sold Price Compared To Nearby Cities
Free Union | $1.0M | $1.6M | +64.0% |
White Hall | $555K | $550K | -0.9% |
Crozet | $566.2K | $550K | -2.9% |
Housing Supply in Crozet, VA
How many homes are available in Crozet, VA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
85 | 84 | -1.2% |
Summary: The Crozet real estate market had 84 homes for sale in April 2024, a 1.2% decrease 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 | 3 | 3 | 0.0% |
3 Bedrooms | 41 | 40 | -2.4% |
4 Bedrooms | 31 | 30 | -3.2% |
5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The Crozet 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 remained the same, 3 bedroom homes decreased by 2.4%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
18 | 16 | -11.1% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Crozet in April 2024, down by 11.1% month-over-month. Of the 16 sold homes, 19% were sold under asking, 44% were sold at asking, and 38% were sold over asking.
Days on Market for Crozet, VA
How long does it take to sell a home in Crozet, VA?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
18 Days | 45 Days | +148.7% |
Summary: Homes in Crozet had an average of 45 days on market in Apr 2024, up by 148.7% compared to last month.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 16 homes were sold in Crozet; 63% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.