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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Acquinton is a neutral's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Acquinton was a Seller's Market.

Key Takeaway

Acquinton is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Acquinton, VA

How much do homes in Acquinton, VA cost?

Median Sold Price

$349,737

$209/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$17,346(+5.2%)

Key Takeaway

Homes in Acquinton have sold for 5.2% more than they did a year ago.

Summary: The median home sold price in Acquinton was $349,737 in September 2024, up 5.2% from last year, and the median price per square foot was $209.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 -$165K
N/A
2 $295K$282K
-4.4%
3 $324.1K$345K
+6.4%
4 $387K$412.7K
+6.6%
5+ $394.7K$438.9K
+11.2%

Summary: Acquinton housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.4%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes increased by 11.2%.

Median Sold Price Compared To Nearby Cities

Acquinton
+5.2%
King William
+2.2%

Housing Supply in Acquinton, VA

How many homes are available in Acquinton, VA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
8789+2.3%

Summary: The Acquinton real estate market had 89 homes for sale in September 2024, a 2.3% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 64
-33.3%
3 4950
+2.0%
4 2323
0.0%
5+ 912
+33.3%

Summary: The Acquinton housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 2%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
2014-30.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

4 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Acquinton, you could pay more than the asking price. 58.3% of homes here sold above asking price last month.

Summary: A total of 14 homes were sold or pending in Acquinton in September 2024, down by 30.0% month-over-month. Of the 12 sold homes, 8% were sold under asking, 33% were sold at asking, and 58% were sold over asking.

Days on Market for Acquinton, VA

How long does it take to sell a home in Acquinton, VA?

Average Sale Time

Sep 2023Sep 2024CHANGE
18 Days92 Days+408.8%

Summary: Homes in Acquinton had an average of 92 days on market in Sep 2024, up by 408.8% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Acquinton are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During September 2024, 14 homes were sold in Acquinton; 36% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

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

Report Updated 30 Days Ago

Newest Listings in Acquinton, VA

Nearby Markets to Acquinton, VA

What housing markets are near Acquinton, VA?