Is Pittsylvania County, 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, Pittsylvania County has remained a Seller's Market.
Key Takeaway
Pittsylvania County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pittsylvania County, VA
How much do homes in Pittsylvania County, VA cost?
Median Sold Price
$209,500
$135/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Pittsylvania County have sold for 19% more than they did a year ago.
Summary: The median home sold price in Pittsylvania County was $209,500 in March 2024, up 19% from last year, and the median price per square foot was $135.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $51K | $199.5K | +291.2% |
| 2 Bedrooms | $149.9K | $157K | +4.7% |
| 3 Bedrooms | $179.9K | $194.9K | +8.4% |
| 4 Bedrooms | $222.5K | $249.9K | +12.3% |
| 5+ Bedrooms | $274.3K | $448.9K | +63.6% |
Summary: Pittsylvania County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 291.2%, 2 bedroom homes increased by 4.7%, 3 bedroom homes increased by 8.4%, 4 bedroom homes increased by 12.3%, and 5+ bedroom homes increased by 63.6%.
Median Sold Price Compared To Nearby Counties
| Pittsylvania County | $176K | $209.5K | +19.0% |
| Franklin County | $312.7K | $340K | +8.7% |
| Campbell County | $256.4K | $267.4K | +4.3% |
| Henry County | $195K | $154.5K | -20.8% |
Housing Supply in Pittsylvania County, VA
How many homes are available in Pittsylvania County, VA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 34 | 44 | +29.4% |
Summary: The Pittsylvania County real estate market had 44 homes for sale in March 2024, a 29.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 18 | 25 | +38.9% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 1 | 4 | +300.0% |
Summary: The Pittsylvania County 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 remained the same, 3 bedroom homes increased by 38.9%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 300%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 12 | 12 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pittsylvania County, you could pay more than the asking price. 41.7% of homes here sold above asking price last month.
Summary: A total of 12 homes were sold or pending in Pittsylvania County in March 2024, the same as the previous month. Of the 12 sold homes, 33% were sold under asking, 25% were sold at asking, and 42% were sold over asking.
Days on Market for Pittsylvania County, VA
How long does it take to sell a home in Pittsylvania County, VA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 43 Days | 17 Days | -59.4% |
Summary: Homes in Pittsylvania County had an average of 17 days on market in Mar 2024, down by 59.4% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pittsylvania County are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 12 homes were sold in Pittsylvania County; 67% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this web site does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed regularly, but its accuracy is subject to market changes. 
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. 
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