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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Buckroe is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Buckroe was a Seller's Market.

Key Takeaway

Buckroe is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Buckroe, VA

How much do homes in Buckroe, VA cost?

Median Sold Price

$284,900

$254/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$45,100(-13.7%)

Key Takeaway

Homes in Buckroe have sold for 13.7% less than they did a month ago.

Summary: The median home sold price in Buckroe was $284,900 in April 2024, down 13.7% from last month, and the median price per square foot was $254.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $330K$284.9K
-13.7%
4 --
N/A
5+ --
N/A

Summary: Buckroe housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 13.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Buckroe, VA

How many homes are available in Buckroe, VA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
112122+8.9%

Summary: The Buckroe real estate market had 122 homes for sale in April 2024, a 8.9% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 2022
+10.0%
3 6364
+1.6%
4 2633
+26.9%
5+ 33
0.0%

Summary: The Buckroe housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 26.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2220-9.1%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Buckroe, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 20 homes were sold or pending in Buckroe in April 2024, down by 9.1% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Buckroe, VA

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

Average Sale Time

Mar 2024Apr 2024CHANGE
18 Days29 Days+57.1%

Summary: Homes in Buckroe had an average of 29 days on market in Apr 2024, up by 57.1% compared to last month.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 20 homes were sold in Buckroe; 70% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 5% 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

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