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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clarke County is a buyer's market

Buyer's
Market

Difference Since January 2022

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

Key Takeaway

Clarke County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Clarke County, VA cost?

Median Sold Price

$507,500

$225/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2022

+$27,500(+5.7%)

Key Takeaway

Homes in Clarke County have sold for 5.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJan 2022Jan 2023%
1 $150K$235K
+56.7%
2 $289.5K$275K
-5.0%
3 $414.5K$402.5K
-2.9%
4 $598.4K$599.9K
0.3%
5+ $610K$736.2K
+20.7%

Median Sold Price Compared To Nearby Counties

Frederick County
+8.3%
Loudoun County
+8.1%
Warren County
+6.5%
Clarke County
+5.7%
Jefferson County
+4.6%

How many homes are available in Clarke County, VA?

Number of Homes For Sale

Dec 2022Jan 2023%
5956-5.1%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 11
0.0%
2 65
-16.7%
3 2020
0.0%
4 1715
-11.8%
5+ 1515
0.0%

Number of Homes Sold

Dec 2022Jan 2023%
112-81.8%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clarke County, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Jan 2022Jan 2023%
54 Days82 Days+49.8%

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Clarke County has remained consistent over time.

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

About Clarke County, VA

Homes for sale in Clarke County, VA have reached 56. The inventory of homes for sale in Clarke County, VA between December 2022 and January 2023 decreased by 5.1%. Listings spent 82 days on the market in January 2023, and had a median list price of $507,500 during the same period. Listing prices have changed in this real estate market between December 2022 and January 2023: 1 bedroom properties became 56.7% more expensive, prices of 2 bedrooms properties went down by 5%, 3 bedrooms properties prices decreased by 2.9%, the cost of 4 bedrooms properties went up by 0.3%, 5 bedrooms properties became 20.7% more expensive. Housing inventory have changed in this real estate market: volume of 1 bedroom homes stayed the same, 2 bedrooms homes became 16.7% less available, volume of 3 bedrooms homes stayed the same, 4 bedrooms homes inventory decreased by 11.8%, 5 bedrooms homes did not move. Over 0 listings were sold over their listed price in January 2023 in Clarke County, VA. In the same period over 2 listings were sold below the listed price and 0 listings were sold for the listed price.

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