$3,680 Closing Credit*
$309,900
1,500 SqFt
3 Beds
•1 Full Bath
Debbie A Watts, Listing Office: Watts Auction Realty Appraisals Inc
Is Courthouse, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
At the same time last year, Courthouse was a Seller's Market.
Key Takeaway
Courthouse is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Courthouse, VA
How much do homes in Courthouse, VA cost?
Median Sold Price
$250,000
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$30,000(+13.6%)
Key Takeaway
Homes in Courthouse have sold for 13.6% more than they did a year ago.
Summary: The median home sold price in Courthouse was $250,000 in August 2024, up 13.6% from last year, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $95K | - | N/A |
| 2 Bedrooms | $212.5K | $181K | -14.8% |
| 3 Bedrooms | $269.9K | $250K | -7.4% |
| 4 Bedrooms | $246.4K | $299.9K | +21.7% |
| 5+ Bedrooms | $225K | $637.5K | +183.3% |
Summary: Courthouse housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 14.8%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes increased by 21.7%, and 5+ bedroom homes increased by 183.3%.
Median Sold Price Compared To Nearby Cities
| Courthouse | $220K | $250K | +13.6% |
| Appomattox | $270K | $286.2K | +6.0% |
| Wreck Island | $309.5K | $319.9K | +3.4% |
| Falling River | $284.9K | $239.9K | -15.8% |
Housing Supply in Courthouse, VA
How many homes are available in Courthouse, VA?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 18 | 19 | +5.6% |
Summary: The Courthouse real estate market had 19 homes for sale in August 2024, a 5.6% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 10 | 14 | +40.0% |
| 4 Bedrooms | 4 | 2 | -50.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Courthouse housing inventory by bedroom type for August 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 40%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Courthouse, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Courthouse in August 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Courthouse, VA
How long does it take to sell a home in Courthouse, VA?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 44 Days | 16 Days | -62.8% |
Summary: Homes in Courthouse had an average of 16 days on market in Aug 2024, down by 62.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Courthouse are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 3 homes were sold in Courthouse; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2024 Central Virginia Regional Multiple Listing Service,LLC. All rights reserved