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 September 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

$439,999

$196/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$472(+0.1%)

Key Takeaway

The sold price of homes in Battlefield has remained the same since last year.

Summary: The median home sold price in Battlefield was $439,999 in September 2024, up 0.1% from last year, and the median price per square foot was $196.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $249.7K$330K
+32.1%
3 $375K$380K
+1.3%
4 $495K$495K
0.0%
5+ $506.2K$595K
+17.5%

Summary: Battlefield housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 32.1%, 3 bedroom homes increased by 1.3%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 17.5%.

Median Sold Price Compared To Nearby Cities

Salem
+12.5%
Lee Hill
+5.1%
Fredericksburg
+3.1%
Fredericksburg
+2.9%
Battlefield
0.1%

Housing Supply in Battlefield, VA

How many homes are available in Battlefield, VA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
8796+10.3%

Summary: The Battlefield real estate market had 96 homes for sale in September 2024, a 10.3% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 42
-50.0%
3 4250
+19.0%
4 3333
0.0%
5+ 811
+37.5%

Summary: The Battlefield housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 19%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 37.5%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
2335+52.2%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

13 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. 37.1% of homes here sold below asking price last month.

Summary: A total of 35 homes were sold or pending in Battlefield in September 2024, up by 52.2% month-over-month. Of the 35 sold homes, 37% were sold under asking, 26% were sold at asking, and 37% 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

Sep 2023Sep 2024CHANGE
22 Days17 Days-21.5%

Summary: Homes in Battlefield had an average of 17 days on market in Sep 2024, down by 21.5% compared to last year.

Breakdown of Home Sale Times

30 Homes Were Sold
Under 30 Days

5 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 September 2024, 35 homes were sold in Battlefield; 86% of homes were sold within 30 days, 14% 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 Sep 1, 2024

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