Is Clover Hill, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Clover Hill has remained a Seller's Market.
Housing Prices in Clover Hill, VA
How much do homes in Clover Hill, VA cost?
Median Sold Price
$361,220
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Clover Hill was $361,220 in April 2024, up 7.9% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $232.4K | $276.9K | +19.2% |
2 Bedrooms | $333K | $329.5K | -1.1% |
3 Bedrooms | $308.2K | $333K | +8.0% |
4 Bedrooms | $365K | $391K | +7.1% |
5+ Bedrooms | $470K | $484.9K | +3.2% |
Summary: Clover Hill housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.2%, 2 bedroom homes decreased by 1.1%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 3.2%.
Median Sold Price Compared To Nearby Cities
Clover Hill | $334.8K | $361.2K | +7.9% |
Midlothian | $400K | $425.6K | +6.4% |
Dale | $320K | $339.6K | +6.1% |
Chesterfield | $420.2K | $432.3K | +2.9% |
Matoaca | $437.9K | $450K | +2.8% |
Housing Supply in Clover Hill, VA
How many homes are available in Clover Hill, VA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
182 | 195 | +7.1% |
Summary: The Clover Hill real estate market had 195 homes for sale in April 2024, a 7.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 18 | 18 | 0.0% |
3 Bedrooms | 86 | 97 | +12.8% |
4 Bedrooms | 63 | 65 | +3.2% |
5+ Bedrooms | 14 | 14 | 0.0% |
Summary: The Clover Hill housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 12.8%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
62 | 63 | +1.6% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
41 Homes Were Sold
Over Asking
Summary: A total of 63 homes were sold or pending in Clover Hill in April 2024, up by 1.6% month-over-month. Of the 63 sold homes, 17% were sold under asking, 17% were sold at asking, and 65% were sold over asking.
Days on Market for Clover Hill, VA
How long does it take to sell a home in Clover Hill, VA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
20 Days | 14 Days | -30.2% |
Summary: Homes in Clover Hill had an average of 14 days on market in Apr 2024, down by 30.2% compared to last year.
Breakdown of Home Sale Times
57 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 63 homes were sold in Clover Hill; 90% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.