Is Henry County, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Henry County is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Henry County has remained a Seller's Market.

Key Takeaway

Henry County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Henry County, VA cost?

Median Sold Price

$250,000

$90/sqft

Based on all homes sold in November 2022.

Difference Since Last Month

-$30,000(-10.7%)

Key Takeaway

Homes in Henry County have sold for 10.7% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSOct 2022Nov 2022%
1 --
N/A
2 $232.5K-
N/A
3 $275K$149.9K
-45.5%
4 $380K$309K
-18.7%
5+ $615K-
N/A

Median Sold Price Compared To Nearby Counties

Patrick County
+4.5%
Henry County
-10.7%

How many homes are available in Henry County, VA?

Number of Homes For Sale

Oct 2022Nov 2022%
2529+16.0%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 46
+50.0%
3 911
+22.2%
4 1111
0.0%
5+ 11
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
67+16.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Henry County, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Henry County, VA

Henry County, VA has 29 homes for sale to choose from. In November 2022 in Henry County, VA there were 16% more homes for sale than in October 2022. Real estate listing prices changed between November 2021 and November 2022: prices of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties increased by 0%, prices of 3 bedrooms properties decreased by 45.5%, prices of 4 bedrooms properties went down by 18.7%, 5 bedrooms properties prices increased by 0%. Volume of homes for sale changed: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes inventory increased by 50%, number of 3 bedrooms homes increased by 22.2%, number of 4 bedrooms homes remained the same, 5 bedrooms homes inventory did not change. Over 0 listings were sold over their listed price in November 2022 in Henry County, VA. In the same period over 4 listings were sold below the listed price and 3 listings were sold for the listed price.

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