Is Cunningham, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Cunningham has remained a Buyer's Market.
Housing Prices in Cunningham, VA
How much do homes in Cunningham, VA cost?
Median Sold Price
$312,450
$179/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in Cunningham was $312,450 in March 2024, down 16.7% from last month, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $374.9K | $307.5K | -18.0% |
4 Bedrooms | - | $434.9K | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Cunningham housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 18%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Cunningham | $374.9K | $312.4K | -16.7% |
Scottsville | $374.9K | $307.5K | -18.0% |
Housing Supply in Cunningham, VA
How many homes are available in Cunningham, VA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
29 | 30 | +3.4% |
Summary: The Cunningham real estate market had 30 homes for sale in March 2024, a 3.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 9 | 10 | +11.1% |
4 Bedrooms | 18 | 17 | -5.6% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Cunningham 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 remained the same, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 4 | +33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Cunningham in March 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Cunningham, VA
How long does it take to sell a home in Cunningham, VA?
Average Sale Time
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
18 Days | 9 Days | -50.9% |
Summary: Homes in Cunningham had an average of 9 days on market in Mar 2024, down by 50.9% compared to last month.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 4 homes were sold in Cunningham; 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.