Is Gladys, 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, Gladys has remained a Seller's Market.
Key Takeaway
Gladys is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Gladys, VA
How much do homes in Gladys, VA cost?
Median Sold Price
$235,000
$161/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Gladys have sold for 11.6% less than they did a year ago.
Summary: The median home sold price in Gladys was $235,000 in March 2024, down 11.6% from last year, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $280.3K | N/A |
| 2 Bedrooms | $196.2K | $217.5K | +10.9% |
| 3 Bedrooms | $274.9K | $207.4K | -24.5% |
| 4 Bedrooms | $262K | $280.5K | +7.1% |
| 5+ Bedrooms | $540K | $155K | -71.3% |
Summary: Gladys 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 increased by 10.9%, 3 bedroom homes decreased by 24.5%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes decreased by 71.3%.
Housing Supply in Gladys, VA
How many homes are available in Gladys, VA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 7 | 19 | +171.4% |
Summary: The Gladys real estate market had 19 homes for sale in March 2024, a 171.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 2 | +100.0% |
| 2 Bedrooms | 0 | 2 | +100.0% |
| 3 Bedrooms | 5 | 8 | +60.0% |
| 4 Bedrooms | 2 | 6 | +200.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Gladys housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 60%, 4 bedroom homes increased by 200%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1 | 5 | +400.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Gladys, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Gladys in March 2024, up by 400.0% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Gladys, VA
How long does it take to sell a home in Gladys, VA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 40 Days | 77 Days | +94.4% |
Summary: Homes in Gladys had an average of 77 days on market in Mar 2024, up by 94.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Gladys has remained consistent over time.
Summary: During March 2024, 5 homes were sold in Gladys; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
