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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Partlow is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Partlow was a Seller's Market.

Key Takeaway

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

Housing Prices in Partlow, VA

How much do homes in Partlow, VA cost?

Median Sold Price

$287,500

$158/sqft

Based on all homes sold in June 2024.

Difference Since Last Month

-$187,500(-39.5%)

Key Takeaway

Homes in Partlow have sold for 39.5% less than they did a month ago.

Summary: The median home sold price in Partlow was $287,500 in June 2024, down 39.5% from last month, and the median price per square foot was $158.

Median Sold Price By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 --
N/A
2 --
N/A
3 -$300K
N/A
4 $695K$275K
-60.4%
5+ $472.5K-
N/A

Summary: Partlow housing prices by bedroom type for June 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 60.4%, and 5+ bedroom homes did not change.

Housing Supply in Partlow, VA

How many homes are available in Partlow, VA?

Number of Homes For Sale

May 2024Jun 2024CHANGE
15150.0%

Summary: The Partlow real estate market had 15 homes for sale in June 2024, the same as May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 00
0.0%
2 00
0.0%
3 53
-40.0%
4 612
+100.0%
5+ 40
-100.0%

Summary: The Partlow housing inventory by bedroom type for June 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 increased by 100%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

May 2024Jun 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Partlow, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Partlow in June 2024, down by 60.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Partlow, VA

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

Average Sale Time

May 2024Jun 2024CHANGE
25 Days29 Days+13.3%

Summary: Homes in Partlow had an average of 29 days on market in Jun 2024, up by 13.3% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During June 2024, 2 homes were sold in Partlow; 50% of homes were sold within 30 days, 50% 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 26 Days Ago

Newest Listings in Partlow, VA

Nearby Markets to Partlow, VA

What housing markets are near Partlow, VA?