Is Green Spring, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Green Spring was a Neutral Market.
Housing Prices in Green Spring, VA
How much do homes in Green Spring, VA cost?
Median Sold Price
$459,878
$211/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Green Spring was $459,878 in March 2024, up 16.5% from last year, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $299K | N/A |
3 Bedrooms | $352K | $425K | +20.7% |
4 Bedrooms | $505K | $517.5K | +2.5% |
5+ Bedrooms | $365K | $595K | +63.0% |
Summary: Green Spring 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 did not change, 3 bedroom homes increased by 20.7%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes increased by 63%.
Median Sold Price Compared To Nearby Cities
Keswick | $707.5K | $859.5K | +21.5% |
Gordonsville | $294K | $349.5K | +18.9% |
Green Spring | $394.9K | $459.8K | +16.5% |
Gordonsville | $410K | $450K | +9.8% |
Patrick Henry | $338K | $325K | -3.8% |
Housing Supply in Green Spring, VA
How many homes are available in Green Spring, VA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
89 | 94 | +5.6% |
Summary: The Green Spring real estate market had 94 homes for sale in March 2024, a 5.6% 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 | 0 | 0 | 0.0% |
3 Bedrooms | 59 | 61 | +3.4% |
4 Bedrooms | 27 | 30 | +11.1% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Green Spring 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 3.4%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
8 | 6 | -25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Green Spring in March 2024, down by 25.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Green Spring, VA
How long does it take to sell a home in Green Spring, VA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
84 Days | 32 Days | -61.7% |
Summary: Homes in Green Spring had an average of 32 days on market in Mar 2024, down by 61.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in Green Spring; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.