Is Hurt, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hurt is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Hurt has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Hurt, VA

How much do homes in Hurt, VA cost?

Median Sold Price

$194,950

$117/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$34,950(+21.8%)

Key Takeaway

Homes in Hurt have sold for 21.8% more than they did a year ago.

Summary: The median home sold price in Hurt was $194,950 in April 2024, up 21.8% from last year, and the median price per square foot was $117.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $149.9K$169K
+12.7%
3 $168K$185K
+10.1%
4 $225K$240K
+6.7%
5+ $283.7K$252K
-11.2%

Summary: Hurt 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 12.7%, 3 bedroom homes increased by 10.1%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes decreased by 11.2%.

Median Sold Price Compared To Nearby Cities

Hurt
+21.8%
Staunton River
+16.2%
Altavista
+13.2%

Housing Supply in Hurt, VA

How many homes are available in Hurt, VA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
108-20.0%

Summary: The Hurt real estate market had 8 homes for sale in April 2024, a 20.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 63
-50.0%
4 33
0.0%
5+ 11
0.0%

Summary: The Hurt 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 100%, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
72-71.4%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hurt, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Hurt in April 2024, down by 71.4% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Hurt, VA

How long does it take to sell a home in Hurt, VA?

Average Sale Time

Apr 2023Apr 2024CHANGE
31 Days37 Days+17.7%

Summary: Homes in Hurt had an average of 37 days on market in Apr 2024, up by 17.7% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Hurt are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in Hurt; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 3 Days Ago

Newest Listings in Hurt, VA

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