$7,599 Closing Credit*
$639,950
3,231 SqFt
4 Beds
•2 Full Baths, 1 Partial
Janet Carroll, Listing Office: Integrity Choice Realty
Is Henry, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Henry has remained a Seller's Market.
Key Takeaway
Henry is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Henry, VA
How much do homes in Henry, VA cost?
Median Sold Price
$479,807
$216/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$52,582(+12.3%)
Key Takeaway
Homes in Henry have sold for 12.3% more than they did a year ago.
Summary: The median home sold price in Henry was $479,807 in September 2024, up 12.3% from last year, and the median price per square foot was $216.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $359.9K | $359.9K | 0.0% |
| 3 Bedrooms | $353K | $378K | +7.1% |
| 4 Bedrooms | $475K | $520K | +9.5% |
| 5+ Bedrooms | $606.4K | $694.9K | +14.6% |
Summary: Henry housing prices by bedroom type for September 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 7.1%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 14.6%.
Median Sold Price Compared To Nearby Cities
| Hanover | $360K | $451.7K | +25.5% |
| Henry | $427.2K | $479.8K | +12.3% |
| Mechanicsville | $412.8K | $449.9K | +9.0% |
| Chickahominy | $462.5K | $500.9K | +8.3% |
Housing Supply in Henry, VA
How many homes are available in Henry, VA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 100 | 99 | -1.0% |
Summary: The Henry real estate market had 99 homes for sale in September 2024, a 1.0% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 43 | 42 | -2.3% |
| 4 Bedrooms | 43 | 43 | 0.0% |
| 5+ Bedrooms | 10 | 9 | -10.0% |
Summary: The Henry housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 21 | 22 | +4.8% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Henry, you could pay more than the asking price. 45.5% of homes here sold above asking price last month.
Summary: A total of 22 homes were sold or pending in Henry in September 2024, up by 4.8% month-over-month. Of the 22 sold homes, 23% were sold under asking, 32% were sold at asking, and 45% were sold over asking.
Days on Market for Henry, VA
How long does it take to sell a home in Henry, VA?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 85 Days | 36 Days | -57.0% |
Summary: Homes in Henry had an average of 36 days on market in Sep 2024, down by 57% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Henry are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 22 homes were sold in Henry; 77% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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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.