Is Chickahominy, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Chickahominy has remained a Seller's Market.
Housing Prices in Chickahominy, VA
How much do homes in Chickahominy, VA cost?
Median Sold Price
$488,950
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Chickahominy was $488,950 in March 2024, up 8.7% from last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $360K | $270K | -25.0% |
3 Bedrooms | $370K | $400K | +8.1% |
4 Bedrooms | $500K | $503.4K | +0.7% |
5+ Bedrooms | $556K | $601.5K | +8.2% |
Summary: Chickahominy housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes increased by 8.2%.
Median Sold Price Compared To Nearby Cities
Fairfield | $290.6K | $326.5K | +12.4% |
Chickahominy | $450K | $488.9K | +8.7% |
Mechanicsville | $399.9K | $425K | +6.3% |
Glen Allen | $460K | $477.9K | +3.9% |
Henry | $430K | $444K | +3.3% |
Housing Supply in Chickahominy, VA
How many homes are available in Chickahominy, VA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
65 | 75 | +15.4% |
Summary: The Chickahominy real estate market had 75 homes for sale in March 2024, a 15.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 27 | 26 | -3.7% |
4 Bedrooms | 22 | 33 | +50.0% |
5+ Bedrooms | 16 | 16 | 0.0% |
Summary: The Chickahominy 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 remained the same, 3 bedroom homes decreased by 3.7%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
12 | 21 | +75.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in Chickahominy in March 2024, up by 75.0% month-over-month. Of the 21 sold homes, 10% were sold under asking, 29% were sold at asking, and 62% were sold over asking.
Days on Market for Chickahominy, VA
How long does it take to sell a home in Chickahominy, VA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
15 Days | 8 Days | -47.1% |
Summary: Homes in Chickahominy had an average of 8 days on market in Mar 2024, down by 47.1% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 21 homes were sold in Chickahominy; 95% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.