Is Bealeton, 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, Bealeton has remained a Seller's Market.
Key Takeaway
Bealeton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bealeton, VA
How much do homes in Bealeton, VA cost?
Median Sold Price
$465,000
$211/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Bealeton have sold for 12% more than they did a year ago.
Summary: The median home sold price in Bealeton was $465,000 in March 2024, up 12% from last year, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $192.8K | N/A |
| 2 Bedrooms | $200K | $214.2K | +7.1% |
| 3 Bedrooms | $415K | $395K | -4.8% |
| 4 Bedrooms | $448.4K | $545K | +21.5% |
| 5+ Bedrooms | $450K | $565K | +25.6% |
Summary: Bealeton 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 7.1%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes increased by 21.5%, and 5+ bedroom homes increased by 25.6%.
Housing Supply in Bealeton, VA
How many homes are available in Bealeton, VA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 56 | 55 | -1.8% |
Summary: The Bealeton real estate market had 55 homes for sale in March 2024, a 1.8% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 6 | 10 | +66.7% |
| 3 Bedrooms | 24 | 22 | -8.3% |
| 4 Bedrooms | 19 | 16 | -15.8% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Bealeton 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 increased by 66.7%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes decreased by 15.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 10 | 22 | +120.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bealeton, expect to pay close to the asking price. 36.4% of homes here sold near the asking price last month.
Summary: A total of 22 homes were sold or pending in Bealeton in March 2024, up by 120.0% month-over-month. Of the 22 sold homes, 27% were sold under asking, 36% were sold at asking, and 36% were sold over asking.
Days on Market for Bealeton, VA
How long does it take to sell a home in Bealeton, VA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 43 Days | 34 Days | -20.3% |
Summary: Homes in Bealeton had an average of 34 days on market in Mar 2024, down by 20.3% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bealeton are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 22 homes were sold in Bealeton; 64% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
Information is provided by Charlottesville Area Association of Realtors®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user.