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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Battlefield is a seller's market

Buyer's
Market

Difference Since August 2023

Since last year, Battlefield has remained a Seller's Market.

Key Takeaway

Battlefield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Battlefield, VA

How much do homes in Battlefield, VA cost?

Median Sold Price

$430,000

$195/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

-$9,526(-2.2%)

Key Takeaway

Homes in Battlefield have sold for 2.2% less than they did a year ago.

Summary: The median home sold price in Battlefield was $430,000 in August 2024, down 2.2% from last year, and the median price per square foot was $195.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 --
N/A
2 $249.7K$325K
+30.1%
3 $360K$373K
+3.6%
4 $495K$477.5K
-3.5%
5+ $519.9K$575K
+10.6%

Summary: Battlefield housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 30.1%, 3 bedroom homes increased by 3.6%, 4 bedroom homes decreased by 3.5%, and 5+ bedroom homes increased by 10.6%.

Median Sold Price Compared To Nearby Cities

Salem
+8.0%
Lee Hill
+4.6%
Fredericksburg
+2.4%
Fredericksburg
+2.3%
Battlefield
-2.2%

Housing Supply in Battlefield, VA

How many homes are available in Battlefield, VA?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
8584-1.2%

Summary: The Battlefield real estate market had 84 homes for sale in August 2024, a 1.2% decrease compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 45
+25.0%
3 3637
+2.8%
4 3433
-2.9%
5+ 119
-18.2%

Summary: The Battlefield housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 2.8%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes decreased by 18.2%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
3424-29.4%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Battlefield, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.

Summary: A total of 24 homes were sold or pending in Battlefield in August 2024, down by 29.4% month-over-month. Of the 24 sold homes, 38% were sold under asking, 25% were sold at asking, and 38% were sold over asking.

Days on Market for Battlefield, VA

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

Average Sale Time

Aug 2023Aug 2024CHANGE
14 Days21 Days+41.6%

Summary: Homes in Battlefield had an average of 21 days on market in Aug 2024, up by 41.6% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During August 2024, 24 homes were sold in Battlefield; 63% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 0% 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 7 Days Ago

Newest Listings in Battlefield, VA

Nearby Markets to Battlefield, VA

What housing markets are near Battlefield, VA?