Is Belle Haven, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Belle Haven has remained a Seller's Market.
Key Takeaway
Belle Haven is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Belle Haven, VA
How much do homes in Belle Haven, VA cost?
Median Sold Price
$338,500
$361/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Belle Haven have sold for 43.1% less than they did a year ago.
Summary: The median home sold price in Belle Haven was $338,500 in April 2024, down 43.1% from last year, and the median price per square foot was $361.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $211K | $210K | -0.5% |
| 2 Bedrooms | $292K | $315K | +7.9% |
| 3 Bedrooms | $762K | $735K | -3.5% |
| 4 Bedrooms | $813.7K | $1.0M | +27.1% |
| 5+ Bedrooms | $1.0M | $1.2M | +18.7% |
Summary: Belle Haven housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.5%, 2 bedroom homes increased by 7.9%, 3 bedroom homes decreased by 3.5%, 4 bedroom homes increased by 27.1%, and 5+ bedroom homes increased by 18.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Belle View | $269.9K | $262K | -2.9% |
| Belle Haven | $594.9K | $338.5K | -43.1% |
Housing Supply in Belle Haven, VA
How many homes are available in Belle Haven, VA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 26 | 36 | +38.5% |
Summary: The Belle Haven real estate market had 36 homes for sale in April 2024, a 38.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 8 | +60.0% |
| 2 Bedrooms | 9 | 8 | -11.1% |
| 3 Bedrooms | 4 | 7 | +75.0% |
| 4 Bedrooms | 4 | 7 | +75.0% |
| 5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Belle Haven housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 60%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes increased by 75%, 4 bedroom homes increased by 75%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 9 | 10 | +11.1% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Belle Haven, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Belle Haven in April 2024, up by 11.1% month-over-month. Of the 10 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for Belle Haven, VA
How long does it take to sell a home in Belle Haven, VA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 25 Days | 10 Days | -59.0% |
Summary: Homes in Belle Haven had an average of 10 days on market in Apr 2024, down by 59% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Belle Haven are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 10 homes were sold in Belle Haven; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
