Is Ashland, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Ashland was a Seller's Market.
Housing Prices in Ashland, VA
How much do homes in Ashland, VA cost?
Median Sold Price
$499,666
$221/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Ashland was $499,666 in March 2024, up 12.5% from last year, and the median price per square foot was $221.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $239.9K | $244.9K | +2.1% |
2 Bedrooms | $240.5K | $279.5K | +16.2% |
3 Bedrooms | $347.7K | $380K | +9.3% |
4 Bedrooms | $635K | $694.4K | +9.4% |
5+ Bedrooms | $760K | $769K | +1.2% |
Summary: Ashland housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.1%, 2 bedroom homes increased by 16.2%, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes increased by 1.2%.
Median Sold Price Compared To Nearby Cities
Ashland | $444.3K | $499.6K | +12.5% |
Beaverdam | $530K | $570K | +7.5% |
Housing Supply in Ashland, VA
How many homes are available in Ashland, VA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
116 | 135 | +16.4% |
Summary: The Ashland real estate market had 135 homes for sale in March 2024, a 16.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 15 | 17 | +13.3% |
3 Bedrooms | 43 | 48 | +11.6% |
4 Bedrooms | 37 | 45 | +21.6% |
5+ Bedrooms | 20 | 23 | +15.0% |
Summary: The Ashland housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 13.3%, 3 bedroom homes increased by 11.6%, 4 bedroom homes increased by 21.6%, and 5+ bedroom homes increased by 15%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
14 | 12 | -14.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Ashland in March 2024, down by 14.3% month-over-month. Of the 12 sold homes, 42% were sold under asking, 25% were sold at asking, and 33% were sold over asking.
Days on Market for Ashland, VA
How long does it take to sell a home in Ashland, VA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
32 Days | 25 Days | -19.9% |
Summary: Homes in Ashland had an average of 25 days on market in Mar 2024, down by 19.9% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 12 homes were sold in Ashland; 67% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.