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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Caret is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Caret has remained a Seller's Market.

Key Takeaway

Caret is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Caret, VA

How much do homes in Caret, VA cost?

Median Sold Price

$215,000

$263/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$95,000(-30.6%)

Key Takeaway

Homes in Caret have sold for 30.6% less than they did a month ago.

Summary: The median home sold price in Caret was $215,000 in April 2024, down 30.6% from last month, and the median price per square foot was $263.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $310K$215K
-30.6%
4 --
N/A
5+ --
N/A

Summary: Caret 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 30.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Caret
-30.6%
North
-66.2%

Housing Supply in Caret, VA

How many homes are available in Caret, VA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
45+25.0%

Summary: The Caret real estate market had 5 homes for sale in April 2024, a 25.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 22
0.0%
4 01
+100.0%
5+ 22
0.0%

Summary: The Caret 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Caret, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Caret in April 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Caret, VA

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

Average Sale Time

Mar 2024Apr 2024CHANGE
276 Days3 Days-98.9%

Summary: Homes in Caret had an average of 3 days on market in Apr 2024, down by 98.9% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 1 homes were sold in Caret; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 6 Days Ago

Newest Listings in Caret, VA

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