$3,266 Closing Credit*
$275,000
1,056 SqFt
3 Beds
•1 Full Bath
Tami Crouch, Listing Office: Virginia Capital Realty
Is Mangohick, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
At the same time last year, Mangohick was a Seller's Market.
Key Takeaway
Mangohick is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Mangohick, VA
How much do homes in Mangohick, VA cost?
Median Sold Price
$375,000
$230/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$40,050(+12.0%)
Key Takeaway
Homes in Mangohick have sold for 12% more than they did a year ago.
Summary: The median home sold price in Mangohick was $375,000 in August 2024, up 12% from last year, and the median price per square foot was $230.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $285K | $148.5K | -47.9% |
| 3 Bedrooms | $329.9K | $372.5K | +12.9% |
| 4 Bedrooms | $354K | $460K | +29.9% |
| 5+ Bedrooms | $403.9K | $543K | +34.4% |
Summary: Mangohick housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 47.9%, 3 bedroom homes increased by 12.9%, 4 bedroom homes increased by 29.9%, and 5+ bedroom homes increased by 34.4%.
Median Sold Price Compared To Nearby Cities
| Hanover | $335K | $439.5K | +31.2% |
| Mangohick | $334.9K | $375K | +12.0% |
| Aylett | $336K | $359K | +6.8% |
Housing Supply in Mangohick, VA
How many homes are available in Mangohick, VA?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 20 | 22 | +10.0% |
Summary: The Mangohick real estate market had 22 homes for sale in August 2024, a 10.0% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 13 | 15 | +15.4% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Mangohick housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 15.4%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Mangohick, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Mangohick in August 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Mangohick, VA
How long does it take to sell a home in Mangohick, VA?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 53 Days | 29 Days | -45.1% |
Summary: Homes in Mangohick had an average of 29 days on market in Aug 2024, down by 45.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Mangohick has remained consistent over time.
Summary: During August 2024, 3 homes were sold in Mangohick; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2024 Central Virginia Regional Multiple Listing Service,LLC. All rights reserved