Is Goochland 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, Goochland County has remained a Neutral Market.
Key Takeaway
Goochland County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Goochland County, VA
How much do homes in Goochland County, VA cost?
Median Sold Price
$520,556
$228/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Goochland County have sold for 3.3% more than they did a year ago.
Summary: The median home sold price in Goochland County was $520,556 in March 2024, up 3.3% from last year, and the median price per square foot was $228.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $202.9K | - | N/A |
| 2 Bedrooms | $500.4K | $290K | -42.1% |
| 3 Bedrooms | $379.9K | $375K | -1.3% |
| 4 Bedrooms | $670.3K | $660K | -1.6% |
| 5+ Bedrooms | $776.1K | $925K | +19.2% |
Summary: Goochland County 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 42.1%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes increased by 19.2%.
Median Sold Price Compared To Nearby Counties
| Cumberland County | $270K | $290K | +7.4% |
| Powhatan County | $397.5K | $425.7K | +7.1% |
| Henrico County | $377.7K | $403.6K | +6.8% |
| Hanover County | $409.9K | $432.1K | +5.4% |
| Goochland County | $503.9K | $520.5K | +3.3% |
Housing Supply in Goochland County, VA
How many homes are available in Goochland County, VA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 100 | 114 | +14.0% |
Summary: The Goochland County real estate market had 114 homes for sale in March 2024, a 14.0% 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 | 1 | 0 | -100.0% |
| 3 Bedrooms | 44 | 39 | -11.4% |
| 4 Bedrooms | 37 | 49 | +32.4% |
| 5+ Bedrooms | 18 | 26 | +44.4% |
Summary: The Goochland 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 100%, 3 bedroom homes decreased by 11.4%, 4 bedroom homes increased by 32.4%, and 5+ bedroom homes increased by 44.4%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 18 | 17 | -5.6% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Goochland County, you may be able to get a good deal. 47.1% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Goochland County in March 2024, down by 5.6% month-over-month. Of the 17 sold homes, 47% were sold under asking, 24% were sold at asking, and 29% were sold over asking.
Days on Market for Goochland County, VA
How long does it take to sell a home in Goochland County, VA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 27 Days | 22 Days | -17.0% |
Summary: Homes in Goochland County had an average of 22 days on market in Mar 2024, down by 17% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Goochland County are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 17 homes were sold in Goochland County; 65% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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Information is provided by Charlottesville Area Association of Realtors®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. 
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