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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Partlow is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Partlow has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Partlow, VA

How much do homes in Partlow, VA cost?

Median Sold Price

$225,000

$248/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$245,000(-52.1%)

Key Takeaway

Homes in Partlow have sold for 52.1% less than they did a month ago.

Summary: The median home sold price in Partlow was $225,000 in April 2024, down 52.1% from last month, and the median price per square foot was $248.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 -$225K
N/A
3 $160K-
N/A
4 $950K-
N/A
5+ $470K$490K
+4.3%

Summary: Partlow housing prices by bedroom type for April 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 did not change, and 5+ bedroom homes increased by 4.3%.

Housing Supply in Partlow, VA

How many homes are available in Partlow, VA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
14140.0%

Summary: The Partlow real estate market had 14 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 22
0.0%
3 42
-50.0%
4 47
+75.0%
5+ 43
-25.0%

Summary: The Partlow 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 50%, 4 bedroom homes increased by 75%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
73-57.1%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

3 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 3 homes were sold or pending in Partlow in April 2024, down by 57.1% month-over-month. Of the 3 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

Mar 2024Apr 2024CHANGE
55 Days25 Days-54.5%

Summary: Homes in Partlow had an average of 25 days on market in Apr 2024, down by 54.5% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Partlow has remained consistent over time.

Summary: During April 2024, 3 homes were sold in Partlow; 33% of homes were sold within 30 days, 67% 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 9 Days Ago

Newest Listings in Partlow, VA

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