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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gladstone is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Gladstone has remained a Seller's Market.

Key Takeaway

Gladstone is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Gladstone, VA

How much do homes in Gladstone, VA cost?

Median Sold Price

$339,900

$221/sqft

Based on all homes sold in August 2024.

Difference Since Last Month

+$123,900(+57.4%)

Key Takeaway

Homes in Gladstone have sold for 57.4% more than they did a month ago.

Summary: The median home sold price in Gladstone was $339,900 in August 2024, up 57.4% from last month, and the median price per square foot was $221.

Median Sold Price By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 --
N/A
2 --
N/A
3 $216K$339.9K
+57.4%
4 --
N/A
5+ -$32K
N/A

Summary: Gladstone housing prices by bedroom type for August 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 increased by 57.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Gladstone, VA

How many homes are available in Gladstone, VA?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
58+60.0%

Summary: The Gladstone real estate market had 8 homes for sale in August 2024, a 60.0% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 13
+200.0%
3 34
+33.3%
4 00
0.0%
5+ 11
0.0%

Summary: The Gladstone housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 200%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gladstone, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in Gladstone in August 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.

Days on Market for Gladstone, VA

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

Average Sale Time

Jul 2024Aug 2024CHANGE
3 Days39 Days+1200.0%

Summary: Homes in Gladstone had an average of 39 days on market in Aug 2024, up by 1200% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Gladstone has remained consistent over time.

Summary: During August 2024, 3 homes were sold in Gladstone; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% 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 17 Days Ago

Newest Listings in Gladstone, VA

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