Is Greene 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, Greene County has remained a Buyer's Market.
Housing Prices in Greene County, VA
How much do homes in Greene County, VA cost?
Median Sold Price
$393,000
$209/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Greene County was $393,000 in March 2024, up 12.4% from last year, and the median price per square foot was $209.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $232K | $582.5K | +151.1% |
2 Bedrooms | $358K | $330K | -7.8% |
3 Bedrooms | $330K | $342.5K | +3.8% |
4 Bedrooms | $395.8K | $447.5K | +13.0% |
5+ Bedrooms | $1.0M | $576.7K | -46.8% |
Summary: Greene County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 151.1%, 2 bedroom homes decreased by 7.8%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 13%, and 5+ bedroom homes decreased by 46.8%.
Median Sold Price Compared To Nearby Counties
Greene County | $349.6K | $393K | +12.4% |
Orange County | $364K | $399.7K | +9.8% |
Madison County | $391K | $385K | -1.5% |
Page County | $289.9K | $269.3K | -7.1% |
Housing Supply in Greene County, VA
How many homes are available in Greene County, VA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
113 | 106 | -6.2% |
Summary: The Greene County real estate market had 106 homes for sale in March 2024, a 6.2% decrease 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 | 14 | 16 | +14.3% |
3 Bedrooms | 54 | 50 | -7.4% |
4 Bedrooms | 33 | 29 | -12.1% |
5+ Bedrooms | 12 | 11 | -8.3% |
Summary: The Greene 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 increased by 14.3%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes decreased by 12.1%, and 5+ bedroom homes decreased by 8.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
13 | 13 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Greene County in March 2024, the same as the previous month. Of the 13 sold homes, 15% were sold under asking, 54% were sold at asking, and 31% were sold over asking.
Days on Market for Greene County, VA
How long does it take to sell a home in Greene County, VA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
36 Days | 60 Days | +69.0% |
Summary: Homes in Greene County had an average of 60 days on market in Mar 2024, up by 69% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 13 homes were sold in Greene County; 46% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.