Is Matoaca, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Matoaca has remained a Seller's Market.
Housing Prices in Matoaca, VA
How much do homes in Matoaca, VA cost?
Median Sold Price
$450,000
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Matoaca was $450,000 in March 2024, up 3.1% from last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $122K | $275.3K | +125.7% |
2 Bedrooms | $290K | $340.2K | +17.3% |
3 Bedrooms | $350K | $371K | +6.0% |
4 Bedrooms | $457.7K | $480K | +4.9% |
5+ Bedrooms | $608.6K | $620K | +1.9% |
Summary: Matoaca housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 125.7%, 2 bedroom homes increased by 17.3%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes increased by 1.9%.
Median Sold Price Compared To Nearby Cities
Moseley | $522K | $577K | +10.5% |
Clover Hill | $330.2K | $360K | +9.0% |
Dale | $319.7K | $336.2K | +5.1% |
Matoaca | $436.6K | $450K | +3.1% |
Chesterfield | $420.1K | $427.4K | +1.7% |
Housing Supply in Matoaca, VA
How many homes are available in Matoaca, VA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
517 | 551 | +6.6% |
Summary: The Matoaca real estate market had 551 homes for sale in March 2024, a 6.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 8 | 0.0% |
2 Bedrooms | 51 | 58 | +13.7% |
3 Bedrooms | 191 | 194 | +1.6% |
4 Bedrooms | 175 | 192 | +9.7% |
5+ Bedrooms | 92 | 99 | +7.6% |
Summary: The Matoaca 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 13.7%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes increased by 7.6%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
104 | 117 | +12.5% |
Asking Price vs. Sold Price
29 Homes Were Sold
Under Asking
34 Homes Were Sold
At Asking
54 Homes Were Sold
Over Asking
Summary: A total of 117 homes were sold or pending in Matoaca in March 2024, up by 12.5% month-over-month. Of the 117 sold homes, 25% were sold under asking, 29% were sold at asking, and 46% were sold over asking.
Days on Market for Matoaca, VA
How long does it take to sell a home in Matoaca, VA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
33 Days | 32 Days | -1.4% |
Summary: Homes in Matoaca had an average of 32 days on market in Mar 2024, down by 1.4% compared to last year.
Breakdown of Home Sale Times
82 Homes Were Sold
Under 30 Days
23 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Summary: During March 2024, 117 homes were sold in Matoaca; 70% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.