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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mattaponi is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Mattaponi has remained a Seller's Market.

Key Takeaway

Mattaponi is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Mattaponi, VA

How much do homes in Mattaponi, VA cost?

Median Sold Price

$322,000

$167/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$87,650(+37.4%)

Key Takeaway

Homes in Mattaponi have sold for 37.4% more than they did a year ago.

Summary: The median home sold price in Mattaponi was $322,000 in April 2024, up 37.4% from last year, and the median price per square foot was $167.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $216.7K$275K
+26.9%
3 $275K$335.9K
+22.2%
4 $170K$314.9K
+85.2%
5+ --
N/A

Summary: Mattaponi 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 increased by 26.9%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 85.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Mattaponi
+37.4%
West Point
+5.7%

Housing Supply in Mattaponi, VA

How many homes are available in Mattaponi, VA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
75-28.6%

Summary: The Mattaponi real estate market had 5 homes for sale in April 2024, a 28.6% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 53
-40.0%
4 11
0.0%
5+ 11
0.0%

Summary: The Mattaponi 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 remained the same, 3 bedroom homes decreased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mattaponi, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Mattaponi in April 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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

Apr 2023Apr 2024CHANGE
89 Days17 Days-80.3%

Summary: Homes in Mattaponi had an average of 17 days on market in Apr 2024, down by 80.3% 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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 2 homes were sold in Mattaponi; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in Mattaponi, VA

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