Is Acquinton, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
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.
Housing Prices in Acquinton, VA
How much do homes in Acquinton, VA cost?
Median Sold Price
$335,500
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Acquinton have sold for 6.5% more than they did a year ago.
Summary: The median home sold price in Acquinton was $335,500 in March 2024, up 6.5% from last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $165K | N/A |
| 2 Bedrooms | $252K | $306K | +21.4% |
| 3 Bedrooms | $305K | $330K | +8.2% |
| 4 Bedrooms | $353.6K | $370K | +4.6% |
| 5+ Bedrooms | $403.9K | $450K | +11.4% |
Summary: Acquinton housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 21.4%, 3 bedroom homes increased by 8.2%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes increased by 11.4%.
Median Sold Price Compared To Nearby Cities
| King William | $298K | $335K | +12.4% |
| Acquinton | $315K | $335.5K | +6.5% |
Housing Supply in Acquinton, VA
How many homes are available in Acquinton, VA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 97 | 103 | +6.2% |
Summary: The Acquinton real estate market had 103 homes for sale in March 2024, a 6.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 9 | +12.5% |
| 3 Bedrooms | 40 | 47 | +17.5% |
| 4 Bedrooms | 25 | 25 | 0.0% |
| 5+ Bedrooms | 24 | 22 | -8.3% |
Summary: The Acquinton housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 17.5%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 8.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 9 | 19 | +111.1% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Acquinton, you may be able to get a good deal. 57.9% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in Acquinton in March 2024, up by 111.1% month-over-month. Of the 19 sold homes, 58% were sold under asking, 32% were sold at asking, and 11% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 49 Days | 42 Days | -14.6% |
Summary: Homes in Acquinton had an average of 42 days on market in Mar 2024, down by 14.6% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Acquinton are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 19 homes were sold in Acquinton; 47% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
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