Is Cople, 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, Cople has remained a Buyer's Market.
Housing Prices in Cople, VA
How much do homes in Cople, VA cost?
Median Sold Price
$280,890
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Cople was $280,890 in March 2024, down 19.7% 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 | $703K | - | N/A |
2 Bedrooms | $216K | $130K | -39.8% |
3 Bedrooms | $271.2K | $280.8K | +3.6% |
4 Bedrooms | $495K | $392K | -20.8% |
5+ Bedrooms | $790K | $450K | -43.0% |
Summary: Cople 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 39.8%, 3 bedroom homes increased by 3.6%, 4 bedroom homes decreased by 20.8%, and 5+ bedroom homes decreased by 43%.
Median Sold Price Compared To Nearby Cities
Cople | $350K | $280.8K | -19.7% |
Hague | $449.9K | $250K | -44.4% |
Housing Supply in Cople, VA
How many homes are available in Cople, VA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
76 | 95 | +25.0% |
Summary: The Cople real estate market had 95 homes for sale in March 2024, a 25.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 10 | 13 | +30.0% |
3 Bedrooms | 49 | 56 | +14.3% |
4 Bedrooms | 11 | 17 | +54.5% |
5+ Bedrooms | 5 | 8 | +60.0% |
Summary: The Cople 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 increased by 30%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 54.5%, and 5+ bedroom homes increased by 60%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 4 | +33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Cople in March 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Cople, VA
How long does it take to sell a home in Cople, VA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
23 Days | 116 Days | +395.7% |
Summary: Homes in Cople had an average of 116 days on market in Mar 2024, up by 395.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 4 homes were sold in Cople; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.