$4,394 Closing Credit*
$370,000
1,248 SqFt
3 Beds
•1 Full Bath
AMY HUGHES, Listing Office: AVENUE REALTY, LLC
Is Gordonsville, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
At the same time last year, Gordonsville was a Seller's Market.
Key Takeaway
Gordonsville 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 Gordonsville, VA
How much do homes in Gordonsville, VA cost?
Median Sold Price
$440,740
$217/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
-$13,260(-2.9%)
Key Takeaway
Homes in Gordonsville have sold for 2.9% less than they did a year ago.
Summary: The median home sold price in Gordonsville was $440,740 in August 2024, down 2.9% from last year, and the median price per square foot was $217.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $272K | $205K | -24.6% |
| 3 Bedrooms | $410.4K | $397.4K | -3.2% |
| 4 Bedrooms | $526K | $540K | +2.7% |
| 5+ Bedrooms | $595K | $1.8M | +202.9% |
Summary: Gordonsville housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 24.6%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 202.9%.
Median Sold Price Compared To Nearby Cities
| Gordonsville | $330K | $351K | +6.4% |
| Green Spring | $465.7K | $474.5K | +1.9% |
| Gordonsville | $454K | $440.7K | -2.9% |
| Keswick | $875K | $730K | -16.6% |
Housing Supply in Gordonsville, VA
How many homes are available in Gordonsville, VA?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 87 | 83 | -4.6% |
Summary: The Gordonsville real estate market had 83 homes for sale in August 2024, a 4.6% decrease compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 56 | 51 | -8.9% |
| 4 Bedrooms | 26 | 26 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Gordonsville 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 remained the same, 3 bedroom homes decreased by 8.9%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 17 | 12 | -29.4% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Gordonsville, expect to pay close to the asking price. 58.3% of homes here sold near the asking price last month.
Summary: A total of 12 homes were sold or pending in Gordonsville in August 2024, down by 29.4% month-over-month. Of the 12 sold homes, 25% were sold under asking, 58% were sold at asking, and 17% were sold over asking.
Days on Market for Gordonsville, VA
How long does it take to sell a home in Gordonsville, VA?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 44 Days | 19 Days | -56.9% |
Summary: Homes in Gordonsville had an average of 19 days on market in Aug 2024, down by 56.9% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Gordonsville are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 12 homes were sold in Gordonsville; 92% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
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. 
All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2024 Central Virginia Regional Multiple Listing Service,LLC. All rights reserved
Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this web site does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed regularly, but its accuracy is subject to market changes.