Is Heritage Hunt, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Heritage Hunt has remained a Seller's Market.
Key Takeaway
Heritage Hunt is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Heritage Hunt, VA
How much do homes in Heritage Hunt, VA cost?
Median Sold Price
$657,500
$260/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Heritage Hunt have sold for 4.5% more than they did a year ago.
Summary: The median home sold price in Heritage Hunt was $657,500 in April 2024, up 4.5% from last year, and the median price per square foot was $260.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $509K | N/A |
| 2 Bedrooms | $430K | $507.9K | +18.1% |
| 3 Bedrooms | $637.5K | $677.5K | +6.3% |
| 4 Bedrooms | $645K | $728.7K | +13.0% |
| 5+ Bedrooms | $689.5K | $819.5K | +18.9% |
Summary: Heritage Hunt housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18.1%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 13%, and 5+ bedroom homes increased by 18.9%.
Housing Supply in Heritage Hunt, VA
How many homes are available in Heritage Hunt, VA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 27 | 28 | +3.7% |
Summary: The Heritage Hunt real estate market had 28 homes for sale in April 2024, a 3.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 7 | +40.0% |
| 3 Bedrooms | 17 | 13 | -23.5% |
| 4 Bedrooms | 5 | 7 | +40.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Heritage Hunt housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 40%, 3 bedroom homes decreased by 23.5%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 13 | 9 | -30.8% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Heritage Hunt, you could pay more than the asking price. 77.8% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in Heritage Hunt in April 2024, down by 30.8% month-over-month. Of the 9 sold homes, 0% were sold under asking, 22% were sold at asking, and 78% were sold over asking.
Days on Market for Heritage Hunt, VA
How long does it take to sell a home in Heritage Hunt, VA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 22 Days | 17 Days | -21.2% |
Summary: Homes in Heritage Hunt had an average of 17 days on market in Apr 2024, down by 21.2% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Heritage Hunt are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 9 homes were sold in Heritage Hunt; 78% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
