Is Acquinton, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Acquinton is a seller's market

Buyer's
Market

Difference Since December 2021

Since last year, Acquinton has remained a Seller's Market.

Key Takeaway

Acquinton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Acquinton, VA cost?

Median Sold Price

$308,255

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2021

+$43,255(+16.3%)

Key Takeaway

Homes in Acquinton have sold for 16.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2021Dec 2022%
1 --
N/A
2 $234.5K$286K
+22.0%
3 $256.3K$297.5K
+16.0%
4 $282.4K$349K
+23.5%
5+ $335K$416.9K
+24.5%

Median Sold Price Compared To Nearby Cities

Acquinton
+16.3%
King William
+9.4%
Saint Stephens Church
+4.8%

How many homes are available in Acquinton, VA?

Number of Homes For Sale

Nov 2022Dec 2022%
5947-20.3%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 00
0.0%
2 73
-57.1%
3 3629
-19.4%
4 1212
0.0%
5+ 43
-25.0%

Number of Homes Sold

Nov 2022Dec 2022%
1917-10.5%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Acquinton, expect to pay close to the asking price. 64.7% of homes here sold near the asking price last month.

Average Sale Time

Dec 2021Dec 2022%
21 Days24 Days+11.7%

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Acquinton are selling fast, if you're buying plan to act quickly.

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

About Acquinton, VA

Acquinton, VA has 47 homes for sale to choose from. The number of listings in Acquinton, VA decreased by 20.3% between November 2022 and December 2022. In December 2022, listings were on the market for 24 days. During the same period, the median list price in this real estate market was $308,255. Real estate listing prices changed between November 2022 and December 2022: 1 bedroom properties became 0% more expensive, 2 bedrooms properties became 22% more expensive, 3 bedrooms properties prices increased by 16%, prices of 4 bedrooms properties went up by 23.5%, prices of 5 bedrooms properties increased by 24.5%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes did not move, number of 2 bedrooms homes decreased by 57.1%, number of 3 bedrooms homes decreased by 19.4%, 4 bedrooms homes did not move, number of 5 bedrooms homes decreased by 25%. In December 2022, from all listings sold in Acquinton, VA there were more than 4 sold above asking price, over 2 sold below and more than 11 were sold right at the asked price.

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