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
Last month, Poquoson was a Seller's Market.
Housing Prices in Poquoson, VA
How much do homes in Poquoson, VA cost?
Median Sold Price
$275,000
$182/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Poquoson was $275,000 in April 2024, down 47.6% from last month, and the median price per square foot was $182.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $105K | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | - | - | N/A |
4 Bedrooms | $525K | $445K | -15.2% |
5+ Bedrooms | - | - | N/A |
Summary: Poquoson 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 did not change, 4 bedroom homes decreased by 15.2%, and 5+ bedroom homes did not change.
Housing Supply in Poquoson, VA
How many homes are available in Poquoson, VA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
89 | 102 | +14.6% |
Summary: The Poquoson real estate market had 102 homes for sale in April 2024, a 14.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 3 | -25.0% |
2 Bedrooms | 4 | 5 | +25.0% |
3 Bedrooms | 29 | 36 | +24.1% |
4 Bedrooms | 37 | 41 | +10.8% |
5+ Bedrooms | 15 | 17 | +13.3% |
Summary: The Poquoson housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 24.1%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes increased by 13.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 16 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Poquoson in April 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% 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
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
39 Days | 27 Days | -31.3% |
Summary: Homes in Poquoson had an average of 27 days on market in Apr 2024, down by 31.3% compared to last month.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 16 homes were sold in Poquoson; 81% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.