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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Aylett is a neutral's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

Aylett 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 Aylett, VA

How much do homes in Aylett, VA cost?

Median Sold Price

$350,000

$201/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$30,000(+9.4%)

Key Takeaway

Homes in Aylett have sold for 9.4% more than they did a year ago.

Summary: The median home sold price in Aylett was $350,000 in March 2024, up 9.4% from last year, and the median price per square foot was $201.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $273K$306K
+12.1%
3 $310K$351.2K
+13.3%
4 $375K$387.1K
+3.2%
5+ $395K$492.5K
+24.7%

Summary: Aylett 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 12.1%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 24.7%.

Median Sold Price Compared To Nearby Cities

Aylett
+9.4%
Acquinton
+6.5%
Mangohick
+5.4%

Housing Supply in Aylett, VA

How many homes are available in Aylett, VA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
99104+5.1%

Summary: The Aylett real estate market had 104 homes for sale in March 2024, a 5.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 1111
0.0%
3 4046
+15.0%
4 2626
0.0%
5+ 2221
-4.5%

Summary: The Aylett 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 15%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 4.5%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1015+50.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Aylett, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Aylett in March 2024, up by 50.0% month-over-month. Of the 15 sold homes, 60% were sold under asking, 33% were sold at asking, and 7% were sold over asking.

Days on Market for Aylett, VA

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

Average Sale Time

Mar 2023Mar 2024CHANGE
41 Days39 Days-5.1%

Summary: Homes in Aylett had an average of 39 days on market in Mar 2024, down by 5.1% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 15 homes were sold in Aylett; 53% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 7% 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 25 Days Ago

Newest Listings in Aylett, VA

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