Is Cold Harbor, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cold Harbor is a seller's market

Buyer's
Market

Difference Since February 2023

Since last year, Cold Harbor has remained a Seller's Market.

Key Takeaway

Cold Harbor is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Cold Harbor, VA

How much do homes in Cold Harbor, VA cost?

Median Sold Price

$399,000

$204/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

-$10,975(-2.7%)

Key Takeaway

Homes in Cold Harbor have sold for 2.7% less than they did a year ago.

Summary: The median home sold price in Cold Harbor was $399,000 in February 2024, down 2.7% from last year, and the median price per square foot was $204.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $208.5K$270K
+29.5%
3 $359K$357K
-0.6%
4 $420K$412K
-1.9%
5+ $540K$575K
+6.5%

Summary: Cold Harbor 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 29.5%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes increased by 6.5%.

Median Sold Price Compared To Nearby Cities

Sandston
+7.5%
Mechanicsville
+3.3%
Henry
+2.3%
Quinton
0.2%
Cold Harbor
-2.7%

Housing Supply in Cold Harbor, VA

How many homes are available in Cold Harbor, VA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
2932+10.3%

Summary: The Cold Harbor real estate market had 32 homes for sale in February 2024, a 10.3% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1111
0.0%
4 1012
+20.0%
5+ 89
+12.5%

Summary: The Cold Harbor 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 12.5%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
660.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 6 homes were sold or pending in Cold Harbor in February 2024, the same as the previous month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.

Days on Market for Cold Harbor, VA

How long does it take to sell a home in Cold Harbor, VA?

Average Sale Time

Feb 2023Feb 2024CHANGE
26 Days46 Days+72.9%

Summary: Homes in Cold Harbor had an average of 46 days on market in Feb 2024, up by 72.9% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 6 homes were sold in Cold Harbor; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% 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 27 Days Ago

Newest Listings in Cold Harbor, VA

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