Is Evington, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Evington was a Seller's Market.
Key Takeaway
Evington is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Evington, VA
How much do homes in Evington, VA cost?
Median Sold Price
$319,900
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Evington have sold for 2.7% more than they did a year ago.
Summary: The median home sold price in Evington was $319,900 in May 2024, up 2.7% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $205K | - | N/A |
| 2 Bedrooms | $133.2K | $499.9K | +275.2% |
| 3 Bedrooms | $279K | $287.4K | +3.0% |
| 4 Bedrooms | $390K | $459.9K | +17.9% |
| 5+ Bedrooms | $440.1K | $489.9K | +11.3% |
Summary: Evington housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 275.2%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 17.9%, and 5+ bedroom homes increased by 11.3%.
Housing Supply in Evington, VA
How many homes are available in Evington, VA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 26 | 38 | +46.2% |
Summary: The Evington real estate market had 38 homes for sale in May 2024, a 46.2% increase 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 20 | 30 | +50.0% |
| 4 Bedrooms | 3 | 5 | +66.7% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Evington 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 remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 8 | 5 | -37.5% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Evington, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Evington in May 2024, down by 37.5% month-over-month. Of the 5 sold homes, 0% were sold under asking, 40% were sold at asking, and 60% were sold over asking.
Days on Market for Evington, VA
How long does it take to sell a home in Evington, VA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 38 Days | 8 Days | -78.9% |
Summary: Homes in Evington had an average of 8 days on market in May 2024, down by 78.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Evington are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 5 homes were sold in Evington; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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