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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Livingston is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Livingston was a Buyer's Market.

Key Takeaway

Livingston is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Livingston, VA

How much do homes in Livingston, VA cost?

Median Sold Price

$549,000

$218/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$101,550(+22.7%)

Key Takeaway

Homes in Livingston have sold for 22.7% more than they did a year ago.

Summary: The median home sold price in Livingston was $549,000 in March 2024, up 22.7% from last year, and the median price per square foot was $218.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $210K$250K
+19.0%
2 $274.9K$267K
-2.9%
3 $347K$399.9K
+15.3%
4 $560K$640K
+14.3%
5+ $762K$884.5K
+16.1%

Summary: Livingston housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19%, 2 bedroom homes decreased by 2.9%, 3 bedroom homes increased by 15.3%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 16.1%.

Median Sold Price Compared To Nearby Cities

Livingston
+22.7%
Spotsylvania
+11.9%
Locust Grove
+11.1%
Berkeley
-0.7%

Housing Supply in Livingston, VA

How many homes are available in Livingston, VA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
180224+24.4%

Summary: The Livingston real estate market had 224 homes for sale in March 2024, a 24.4% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 15
+400.0%
3 6475
+17.2%
4 6986
+24.6%
5+ 4658
+26.1%

Summary: The Livingston 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 increased by 400%, 3 bedroom homes increased by 17.2%, 4 bedroom homes increased by 24.6%, and 5+ bedroom homes increased by 26.1%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2034+70.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Livingston, you could pay more than the asking price. 38.2% of homes here sold above asking price last month.

Summary: A total of 34 homes were sold or pending in Livingston in March 2024, up by 70.0% month-over-month. Of the 34 sold homes, 26% were sold under asking, 35% were sold at asking, and 38% were sold over asking.

Days on Market for Livingston, VA

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

Average Sale Time

Mar 2023Mar 2024CHANGE
42 Days44 Days+3.3%

Summary: Homes in Livingston had an average of 44 days on market in Mar 2024, up by 3.3% compared to last year.

Breakdown of Home Sale Times

19 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 34 homes were sold in Livingston; 56% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 15% 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 24 Days Ago

Newest Listings in Livingston, VA

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