Is Appomattox River, 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, Appomattox River has remained a Seller's Market.
Key Takeaway
Appomattox River is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Appomattox River, VA
How much do homes in Appomattox River, VA cost?
Median Sold Price
$263,000
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Appomattox River have sold for 6.3% more than they did a year ago.
Summary: The median home sold price in Appomattox River was $263,000 in March 2024, up 6.3% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $160K | $162K | +1.3% |
| 3 Bedrooms | $279.9K | $263K | -6.0% |
| 4 Bedrooms | $265K | $497.5K | +87.7% |
| 5+ Bedrooms | - | - | N/A |
Summary: Appomattox River 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 1.3%, 3 bedroom homes decreased by 6%, 4 bedroom homes increased by 87.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Appomattox | $240K | $277K | +15.4% |
| Appomattox River | $247.5K | $263K | +6.3% |
| Courthouse | $232.5K | $242.7K | +4.4% |
Housing Supply in Appomattox River, VA
How many homes are available in Appomattox River, VA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 10 | 11 | +10.0% |
Summary: The Appomattox River real estate market had 11 homes for sale in March 2024, a 10.0% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 6 | 8 | +33.3% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Appomattox River 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 remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Appomattox River, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Appomattox River in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Appomattox River, VA
How long does it take to sell a home in Appomattox River, VA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 31 Days | 17 Days | -46.3% |
Summary: Homes in Appomattox River had an average of 17 days on market in Mar 2024, down by 46.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Appomattox River are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 2 homes were sold in Appomattox River; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this web site does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed regularly, but its accuracy is subject to market changes.