Is Buckmarsh, 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, Buckmarsh has remained a Seller's Market.
Key Takeaway
Buckmarsh is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Buckmarsh, VA
How much do homes in Buckmarsh, VA cost?
Median Sold Price
$472,500
$226/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Buckmarsh have sold for 7.2% less than they did a year ago.
Summary: The median home sold price in Buckmarsh was $472,500 in April 2024, down 7.2% from last year, and the median price per square foot was $226.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $240K | $307K | +27.9% |
| 2 Bedrooms | $253.8K | $300K | +18.2% |
| 3 Bedrooms | $440K | $392.5K | -10.8% |
| 4 Bedrooms | $587.4K | $655K | +11.5% |
| 5+ Bedrooms | $552.2K | $580K | +5.0% |
Summary: Buckmarsh housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 27.9%, 2 bedroom homes increased by 18.2%, 3 bedroom homes decreased by 10.8%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes increased by 5%.
Median Sold Price Compared To Nearby Cities
| Bluemont | $477.5K | $625K | +30.9% |
| Berryville | $532.4K | $497.2K | -6.6% |
| Buckmarsh | $508.9K | $472.5K | -7.2% |
| Russell | $699.9K | $610K | -12.8% |
Housing Supply in Buckmarsh, VA
How many homes are available in Buckmarsh, VA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 9 | +28.6% |
Summary: The Buckmarsh real estate market had 9 homes for sale in April 2024, a 28.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 4 | 6 | +50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Buckmarsh housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Buckmarsh, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in Buckmarsh in April 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Buckmarsh, VA
How long does it take to sell a home in Buckmarsh, VA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 5 Days | 6 Days | +9.1% |
Summary: Homes in Buckmarsh had an average of 6 days on market in Apr 2024, up by 9.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Buckmarsh are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 2 homes were sold in Buckmarsh; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
