Is Dunnsville, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dunnsville is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Dunnsville was a Seller's Market.

Key Takeaway

Dunnsville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Dunnsville, VA

How much do homes in Dunnsville, VA cost?

Median Sold Price

$299,950

$189/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$49,950(+20.0%)

Key Takeaway

Homes in Dunnsville have sold for 20% more than they did a year ago.

Summary: The median home sold price in Dunnsville was $299,950 in March 2024, up 20% from last year, and the median price per square foot was $189.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $172.3K$137.5K
-20.2%
3 $260K$254.8K
-2.0%
4 $215K$330K
+53.5%
5+ $1.0M$649.9K
-35.0%

Summary: Dunnsville housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 20.2%, 3 bedroom homes decreased by 2%, 4 bedroom homes increased by 53.5%, and 5+ bedroom homes decreased by 35%.

Median Sold Price Compared To Nearby Cities

Central
+22.3%
Dunnsville
+20.0%
South
+18.9%

Housing Supply in Dunnsville, VA

How many homes are available in Dunnsville, VA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
912+33.3%

Summary: The Dunnsville real estate market had 12 homes for sale in March 2024, a 33.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 22
0.0%
3 47
+75.0%
4 22
0.0%
5+ 11
0.0%

Summary: The Dunnsville 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 75%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dunnsville, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Dunnsville in March 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Dunnsville, VA

How long does it take to sell a home in Dunnsville, VA?

Average Sale Time

Mar 2023Mar 2024CHANGE
4 Days98 Days+2077.8%

Summary: Homes in Dunnsville had an average of 98 days on market in Mar 2024, up by 2077.8% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Dunnsville are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 1 homes were sold in Dunnsville; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 18 Days Ago

Newest Listings in Dunnsville, VA

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