Is Cedar Mountain, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cedar Mountain is a seller's market

Buyer's
Market

Difference Since September 2021

Since last year, Cedar Mountain has remained a Seller's Market.

Key Takeaway

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

How much do homes in Cedar Mountain, VA cost?

Median Sold Price

$443,568

$174/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$48,568(+12.3%)

Key Takeaway

Homes in Cedar Mountain have sold for 12.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 --
N/A
2 $225K$179.7K
-20.1%
3 $370K$405K
+9.5%
4 $434.5K$478K
+10.0%
5+ $460K$510.1K
+10.9%

Median Sold Price Compared To Nearby Cities

Cedar Mountain
+12.3%
Culpeper
+10.0%
East Fairfax
+7.4%

How many homes are available in Cedar Mountain, VA?

Number of Homes For Sale

Aug 2022Sep 2022%
1220+66.7%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 00
0.0%
2 02
+100.0%
3 610
+66.7%
4 22
0.0%
5+ 46
+50.0%

Number of Homes Sold

Aug 2022Sep 2022%
34+33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cedar Mountain, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Average Sale Time

Sep 2021Sep 2022%
134 Days2 Days-98.3%

Breakdown of Home Sale Times

4 Homes Were 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 Cedar Mountain are selling fast, if you're buying plan to act quickly.

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

About Cedar Mountain, VA

Cedar Mountain, VA has 20 homes on the market. Between August 2022 and September 2022, Cedar Mountain, VA real estate market has seen increase in the number of listings by 66.7%. Listings spent 2 days on the market in September 2022, and had a median list price of $443,568 during the same period. Real estate listing prices changed between August 2022 and September 2022: 1 bedroom properties prices increased by 0%, the cost of 2 bedrooms properties went down by 20.1%, 3 bedrooms properties became 9.5% more expensive, prices of 4 bedrooms properties went up by 10%, the cost of 5 bedrooms properties went up by 10.9%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes did not move, 2 bedrooms homes became 100% more available, volume of 3 bedrooms homes went up by 66.7%, the quantity of 4 bedrooms homes have not changed, 5 bedrooms homes inventory increased by 50%. Over 2 listings were sold over their listed price in September 2022 in Cedar Mountain, VA. In the same period over 0 listings were sold below the listed price and 2 listings were sold for the listed price.

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