Is Mattaponi, 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, Mattaponi has remained a Buyer's Market.
Housing Prices in Mattaponi, VA
How much do homes in Mattaponi, VA cost?
Median Sold Price
$344,950
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Mattaponi was $344,950 in March 2024, up 8.1% 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 | $125K | - | N/A |
2 Bedrooms | $216.7K | $150K | -30.8% |
3 Bedrooms | $299.9K | $300K | 0.0% |
4 Bedrooms | $355K | $355.3K | 0.1% |
5+ Bedrooms | $420.4K | $407.9K | -3.0% |
Summary: Mattaponi housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 30.8%, 3 bedroom homes did not change, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes decreased by 3%.
Median Sold Price Compared To Nearby Cities
Mattaponi | $319K | $344.9K | +8.1% |
Reedy Church | $270K | $287.5K | +6.5% |
Madison | $335.7K | $340K | +1.3% |
Ruther Glen | $325.5K | $322.9K | -0.8% |
Bowling Green | $391.9K | $358.9K | -8.4% |
Housing Supply in Mattaponi, VA
How many homes are available in Mattaponi, VA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
57 | 58 | +1.8% |
Summary: The Mattaponi real estate market had 58 homes for sale in March 2024, a 1.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 1 | -50.0% |
3 Bedrooms | 31 | 32 | +3.2% |
4 Bedrooms | 16 | 16 | 0.0% |
5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Mattaponi 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 decreased by 50%, 3 bedroom homes increased by 3.2%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 8 | +60.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Mattaponi in March 2024, up by 60.0% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.
Days on Market for Mattaponi, VA
How long does it take to sell a home in Mattaponi, VA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
24 Days | 20 Days | -14.1% |
Summary: Homes in Mattaponi had an average of 20 days on market in Mar 2024, down by 14.1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 8 homes were sold in Mattaponi; 88% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.