Is Accomack County, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Accomack County is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Accomack County has remained a Buyer's Market.

Key Takeaway

Accomack County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Accomack County, VA cost?

Median Sold Price

$457,012

$189/sqft

Based on all homes sold in November 2022.

Difference Since Last Month

+$171,562(+60.1%)

Key Takeaway

Homes in Accomack County have sold for 60.1% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSOct 2022Nov 2022%
1 --
N/A
2 --
N/A
3 $285.4K$457K
+60.1%
4 -$422.5K
N/A
5+ --
N/A

How many homes are available in Accomack County, VA?

Number of Homes For Sale

Oct 2022Nov 2022%
5253+1.9%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 00
0.0%
3 3432
-5.9%
4 1720
+17.6%
5+ 11
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
56+20.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Accomack County, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Average Sale Time

Oct 2022Nov 2022%
100 Days67 Days-32.7%

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Accomack County has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Accomack County, VA

Accomack County, VA has 53 homes for sale to choose from. In November 2022 in Accomack County, VA there were 1.9% more homes for sale than in October 2022. Listings spent 67 days on the market in November 2022, and had a median list price of $457,012 during the same period. This housing market listing prices have changed between November 2021 and November 2022: 1 bedroom properties prices increased by 0%, prices of 2 bedrooms properties went up by 0%, 3 bedrooms properties prices increased by 60.1%, 4 bedrooms properties prices increased by 0%, prices of 5 bedrooms properties increased by 0%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes did not move, number of 2 bedrooms homes remained the same, volume of 3 bedrooms homes went down by 5.9%, number of 4 bedrooms homes increased by 17.6%, the quantity of 5 bedrooms homes have not changed. In November 2022, from all listings sold in Accomack County, VA there were more than 1 sold above asking price, over 3 sold below and more than 0 were sold right at the asked price.

Related Housing Market Reports