Is Lunenburg County, 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, Lunenburg County has remained a Seller's Market.
Housing Prices in Lunenburg County, VA
How much do homes in Lunenburg County, VA cost?
Median Sold Price
$220,000
$134/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lunenburg County was $220,000 in April 2024, up 13.4% from last year, and the median price per square foot was $134.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $112.3K | $77.9K | -30.6% |
3 Bedrooms | $168.5K | $209.9K | +24.6% |
4 Bedrooms | $349.9K | $241K | -31.1% |
5+ Bedrooms | $417.2K | $386K | -7.5% |
Summary: Lunenburg County 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 decreased by 30.6%, 3 bedroom homes increased by 24.6%, 4 bedroom homes decreased by 31.1%, and 5+ bedroom homes decreased by 7.5%.
Median Sold Price Compared To Nearby Counties
Charlotte County | $173K | $408.8K | +136.3% |
Nottoway County | $190K | $217K | +14.2% |
Lunenburg County | $194K | $220K | +13.4% |
Prince Edward County | $260K | $280K | +7.7% |
Housing Supply in Lunenburg County, VA
How many homes are available in Lunenburg County, VA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 7 | +75.0% |
Summary: The Lunenburg County real estate market had 7 homes for sale in April 2024, a 75.0% 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 | 0 | 2 | +100.0% |
3 Bedrooms | 3 | 4 | +33.3% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Lunenburg County 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 increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 2 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Lunenburg County in April 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Lunenburg County, VA
How long does it take to sell a home in Lunenburg County, VA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
6 Days | 8 Days | +35.2% |
Summary: Homes in Lunenburg County had an average of 8 days on market in Apr 2024, up by 35.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in Lunenburg County; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.