Is Courthouse, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Courthouse was a Seller's Market.
Housing Prices in Courthouse, VA
How much do homes in Courthouse, VA cost?
Median Sold Price
$247,700
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Courthouse was $247,700 in April 2024, up 11.5% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $95K | - | N/A |
2 Bedrooms | $228.5K | $186.7K | -18.3% |
3 Bedrooms | $252.5K | $250K | -1.0% |
4 Bedrooms | $190.2K | $284.5K | +49.5% |
5+ Bedrooms | $225K | $275K | +22.2% |
Summary: Courthouse housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 18.3%, 3 bedroom homes decreased by 1%, 4 bedroom homes increased by 49.5%, and 5+ bedroom homes increased by 22.2%.
Median Sold Price Compared To Nearby Cities
Appomattox | $230K | $284.5K | +23.7% |
Falling River | $249K | $285K | +14.5% |
Courthouse | $222.2K | $247.7K | +11.5% |
Wreck Island | $306K | $312.5K | +2.1% |
Appomattox River | $267.7K | $261.5K | -2.3% |
Housing Supply in Courthouse, VA
How many homes are available in Courthouse, VA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 12 | +50.0% |
Summary: The Courthouse real estate market had 12 homes for sale in April 2024, a 50.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 3 | 7 | +133.3% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Courthouse 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 increased by 100%, 3 bedroom homes increased by 133.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Courthouse in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
25 Days | 20 Days | -21.6% |
Summary: Homes in Courthouse had an average of 20 days on market in Apr 2024, down by 21.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 1 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.