Is Happy Creek, 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, Happy Creek was a Seller's Market.
Housing Prices in Happy Creek, VA
How much do homes in Happy Creek, VA cost?
Median Sold Price
$400,000
$209/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Happy Creek was $400,000 in March 2024, up 19% 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 | - | - | N/A |
2 Bedrooms | $263.2K | $300K | +14.0% |
3 Bedrooms | $342K | $400K | +17.0% |
4 Bedrooms | $343.5K | $425K | +23.7% |
5+ Bedrooms | $515K | $400K | -22.3% |
Summary: Happy Creek 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 14%, 3 bedroom homes increased by 17%, 4 bedroom homes increased by 23.7%, and 5+ bedroom homes decreased by 22.3%.
Median Sold Price Compared To Nearby Cities
Front Royal | $300K | $364.2K | +21.4% |
Happy Creek | $336K | $400K | +19.0% |
Linden | $345K | $401.2K | +16.3% |
Shenandoah | $335K | $349.4K | +4.3% |
Housing Supply in Happy Creek, VA
How many homes are available in Happy Creek, VA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
77 | 81 | +5.2% |
Summary: The Happy Creek real estate market had 81 homes for sale in March 2024, a 5.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 14 | 13 | -7.1% |
3 Bedrooms | 40 | 44 | +10.0% |
4 Bedrooms | 20 | 18 | -10.0% |
5+ Bedrooms | 2 | 5 | +150.0% |
Summary: The Happy Creek 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 7.1%, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 150%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
12 | 8 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Happy Creek in March 2024, down by 33.3% month-over-month. Of the 8 sold homes, 25% were sold under asking, 38% were sold at asking, and 38% were sold over asking.
Days on Market for Happy Creek, VA
How long does it take to sell a home in Happy Creek, VA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
32 Days | 30 Days | -4.8% |
Summary: Homes in Happy Creek had an average of 30 days on market in Mar 2024, down by 4.8% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 8 homes were sold in Happy Creek; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.