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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Charlotte County is a neutral's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Charlotte County was a Seller's Market.

Key Takeaway

Charlotte 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 Charlotte County, VA

How much do homes in Charlotte County, VA cost?

Median Sold Price

$299,900

$150/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$35,100(-10.5%)

Key Takeaway

Homes in Charlotte County have sold for 10.5% less than they did a year ago.

Summary: The median home sold price in Charlotte County was $299,900 in September 2024, down 10.5% from last year, and the median price per square foot was $150.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $240K$269.9K
+12.5%
2 $154K$127.8K
-17.0%
3 $375.7K$280K
-25.5%
4 $320K$435K
+35.9%
5+ $499.5K$343.5K
-31.2%

Summary: Charlotte County housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.5%, 2 bedroom homes decreased by 17%, 3 bedroom homes decreased by 25.5%, 4 bedroom homes increased by 35.9%, and 5+ bedroom homes decreased by 31.2%.

Median Sold Price Compared To Nearby Counties

Prince Edward County
+17.0%
Campbell County
+1.3%
Appomattox County
-1.5%
Charlotte County
-10.5%

Housing Supply in Charlotte County, VA

How many homes are available in Charlotte County, VA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2728+3.7%

Summary: The Charlotte County real estate market had 28 homes for sale in September 2024, a 3.7% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 01
+100.0%
2 33
0.0%
3 1818
0.0%
4 66
0.0%
5+ 00
0.0%

Summary: The Charlotte County housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

1 Home Was 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 Charlotte County, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Charlotte County in September 2024, up by 300.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.

Days on Market for Charlotte County, VA

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

Average Sale Time

Sep 2023Sep 2024CHANGE
6 Days19 Days+201.3%

Summary: Homes in Charlotte County had an average of 19 days on market in Sep 2024, up by 201.3% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 4 homes were sold in Charlotte County; 75% of homes were sold within 30 days, 25% 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 Sep 1, 2024

Newest Listings in Charlotte County, VA

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