Is Charles City County, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Charles City County is a neutral's market

Buyer's
Market

Difference Since February 2023

Since last year, Charles City County has remained a Neutral Market.

Key Takeaway

Charles City County 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 Charles City County, VA

How much do homes in Charles City County, VA cost?

Median Sold Price

$279,000

$180/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$4,000(+1.5%)

Key Takeaway

Homes in Charles City County have sold for 1.5% more than they did a year ago.

Summary: The median home sold price in Charles City County was $279,000 in February 2024, up 1.5% from last year, and the median price per square foot was $180.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 -$138K
N/A
2 $103.5K$166K
+60.3%
3 $275K$278K
+1.1%
4 $370K$737.5K
+99.3%
5+ $1.1M$825K
-25.0%

Summary: Charles City County housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 60.3%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 99.3%, and 5+ bedroom homes decreased by 25%.

Median Sold Price Compared To Nearby Counties

Henrico County
+6.4%
Chesterfield County
+4.1%
Prince George County
+2.5%
New Kent County
+2.1%
Charles City County
+1.5%

Housing Supply in Charles City County, VA

How many homes are available in Charles City County, VA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
28280.0%

Summary: The Charles City County real estate market had 28 homes for sale in February 2024, the same as January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 2019
-5.0%
4 44
0.0%
5+ 22
0.0%

Summary: The Charles City County housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Charles City County, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Charles City County in February 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Charles City County, VA

How long does it take to sell a home in Charles City County, VA?

Average Sale Time

Feb 2023Feb 2024CHANGE
36 Days4 Days-87.0%

Summary: Homes in Charles City County had an average of 4 days on market in Feb 2024, down by 87% compared to last year.

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 Charles City County are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 4 homes were sold in Charles City County; 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 28 Days Ago

Newest Listings in Charles City County, VA

Nearby Markets to Charles City County, VA

What housing markets are near Charles City County, VA?