Is Page County, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Page County is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Page County was a Neutral Market.

Key Takeaway

Page County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Page County, VA

How much do homes in Page County, VA cost?

Median Sold Price

$269,333

$188/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$20,566(-7.1%)

Key Takeaway

Homes in Page County have sold for 7.1% less than they did a year ago.

Summary: The median home sold price in Page County was $269,333 in March 2024, down 7.1% from last year, and the median price per square foot was $188.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $228K$176K
-22.8%
2 $194K$220K
+13.4%
3 $300K$270K
-10.0%
4 $300K$280K
-6.7%
5+ $435K$535K
+23.0%

Summary: Page County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.8%, 2 bedroom homes increased by 13.4%, 3 bedroom homes decreased by 10%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes increased by 23%.

Median Sold Price Compared To Nearby Counties

Greene County
+12.4%
Madison County
-1.5%
Page County
-7.1%

Housing Supply in Page County, VA

How many homes are available in Page County, VA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
125135+8.0%

Summary: The Page County real estate market had 135 homes for sale in March 2024, a 8.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 34
+33.3%
2 1418
+28.6%
3 7079
+12.9%
4 3129
-6.5%
5+ 75
-28.6%

Summary: The Page County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 28.6%, 3 bedroom homes increased by 12.9%, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes decreased by 28.6%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1815-16.7%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Page County, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Page County in March 2024, down by 16.7% month-over-month. Of the 15 sold homes, 40% were sold under asking, 27% were sold at asking, and 33% were sold over asking.

Days on Market for Page County, VA

How long does it take to sell a home in Page County, VA?

Average Sale Time

Mar 2023Mar 2024CHANGE
71 Days58 Days-18.5%

Summary: Homes in Page County had an average of 58 days on market in Mar 2024, down by 18.5% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 15 homes were sold in Page County; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% 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 18 Days Ago

Newest Listings in Page County, VA

Nearby Markets to Page County, VA

What housing markets are near Page County, VA?