Is Dinwiddie County, 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, Dinwiddie County has remained a Seller's Market.
Key Takeaway
Dinwiddie County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Dinwiddie County, VA
How much do homes in Dinwiddie County, VA cost?
Median Sold Price
$279,925
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Dinwiddie County have sold for 5.6% more than they did a year ago.
Summary: The median home sold price in Dinwiddie County was $279,925 in March 2024, up 5.6% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $146.5K | $123K | -16.0% |
| 2 Bedrooms | $140K | $146.7K | +4.8% |
| 3 Bedrooms | $265K | $279K | +5.3% |
| 4 Bedrooms | $342K | $315K | -7.9% |
| 5+ Bedrooms | $295K | $409.9K | +39.0% |
Summary: Dinwiddie County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16%, 2 bedroom homes increased by 4.8%, 3 bedroom homes increased by 5.3%, 4 bedroom homes decreased by 7.9%, and 5+ bedroom homes increased by 39%.
Median Sold Price Compared To Nearby Counties
| Nottoway County | $186.5K | $220K | +18.0% |
| Dinwiddie County | $265K | $279.9K | +5.6% |
| Chesterfield County | $373.9K | $390K | +4.3% |
| Amelia County | $299.9K | $310K | +3.3% |
| Prince George County | $315K | $324.9K | +3.2% |
Housing Supply in Dinwiddie County, VA
How many homes are available in Dinwiddie County, VA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 50 | 41 | -18.0% |
Summary: The Dinwiddie County real estate market had 41 homes for sale in March 2024, a 18.0% decrease 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 | 4 | 3 | -25.0% |
| 3 Bedrooms | 38 | 30 | -21.1% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Dinwiddie County 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 decreased by 25%, 3 bedroom homes decreased by 21.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 21 | 12 | -42.9% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Dinwiddie County, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 12 homes were sold or pending in Dinwiddie County in March 2024, down by 42.9% month-over-month. Of the 12 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for Dinwiddie County, VA
How long does it take to sell a home in Dinwiddie County, VA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 32 Days | 36 Days | +11.5% |
Summary: Homes in Dinwiddie County had an average of 36 days on market in Mar 2024, up by 11.5% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Dinwiddie County are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 12 homes were sold in Dinwiddie County; 75% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
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Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.