Is Crozet, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Crozet has remained a Buyer's Market.
Housing Prices in Crozet, VA
How much do homes in Crozet, VA cost?
Median Sold Price
$533,333
$232/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Crozet was $533,333 in February 2024, down 21.6% from last year, and the median price per square foot was $232.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $249K | - | N/A |
2 Bedrooms | - | $339.9K | N/A |
3 Bedrooms | $423.1K | $449.5K | +6.3% |
4 Bedrooms | $810K | $599.9K | -25.9% |
5+ Bedrooms | $795K | $852K | +7.2% |
Summary: Crozet 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 did not change, 3 bedroom homes increased by 6.3%, 4 bedroom homes decreased by 25.9%, and 5+ bedroom homes increased by 7.2%.
Housing Supply in Crozet, VA
How many homes are available in Crozet, VA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
107 | 120 | +12.1% |
Summary: The Crozet real estate market had 120 homes for sale in February 2024, a 12.1% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 4 | 3 | -25.0% |
3 Bedrooms | 42 | 52 | +23.8% |
4 Bedrooms | 44 | 49 | +11.4% |
5+ Bedrooms | 16 | 15 | -6.3% |
Summary: The Crozet 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 decreased by 25%, 3 bedroom homes increased by 23.8%, 4 bedroom homes increased by 11.4%, and 5+ bedroom homes decreased by 6.3%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
9 | 9 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Crozet in February 2024, the same as the previous month. Of the 9 sold homes, 33% were sold under asking, 44% were sold at asking, and 22% were sold over asking.
Days on Market for Crozet, VA
How long does it take to sell a home in Crozet, VA?
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During February 2024, 9 homes were sold in Crozet; 56% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.