Is Center Cross, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Center Cross is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Center Cross was a Buyer's Market.

Key Takeaway

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

Housing Prices in Center Cross, VA

How much do homes in Center Cross, VA cost?

Median Sold Price

$309,000

$141/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$123,000(-28.5%)

Key Takeaway

Homes in Center Cross have sold for 28.5% less than they did a month ago.

Summary: The median home sold price in Center Cross was $309,000 in March 2024, down 28.5% from last month, and the median price per square foot was $141.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 $432K-
N/A
3 -$310K
N/A
4 -$309K
N/A
5+ --
N/A

Summary: Center Cross housing prices by bedroom type for March 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Center Cross, VA

How many homes are available in Center Cross, VA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
880.0%

Summary: The Center Cross real estate market had 8 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 45
+25.0%
4 33
0.0%
5+ 00
0.0%

Summary: The Center Cross housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Center Cross, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in Center Cross in March 2024, up by 200.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 67% were sold at asking, and 33% were sold over asking.

Days on Market for Center Cross, VA

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

Average Sale Time

Feb 2024Mar 2024CHANGE
3 Days10 Days+255.6%

Summary: Homes in Center Cross had an average of 10 days on market in Mar 2024, up by 255.6% compared to last month.

Breakdown of Home Sale Times

3 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 Center Cross are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 3 homes were sold in Center Cross; 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 18 Days Ago

Newest Listings in Center Cross, VA

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