$295,000
987 SqFt
3 Beds
•2 Full Baths
Grace Fowler, Listing Office: Samson Properties
October 2024
Report Updated 2 Days Ago
Is Rivanna, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Rivanna has remained a Seller's Market.
How much do homes in Rivanna, VA cost?
$554,833
$236/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
Summary: The median home sold price in Rivanna was $554,833 in October 2024, up 12.9% from last year, and the median price per square foot was $236.
# BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $242.5K | $260K | +7.2% |
2 Bedrooms | $315.5K | $288.5K | -8.6% |
3 Bedrooms | $407K | $429.9K | +5.6% |
4 Bedrooms | $580.4K | $622.2K | +7.2% |
5+ Bedrooms | $791.3K | $899.6K | +13.7% |
Summary: Rivanna housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.2%, 2 bedroom homes decreased by 8.6%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 7.2%, and 5+ bedroom homes increased by 13.7%.
Rivanna | $491.2K | $554.8K | +12.9% |
Charlottesville | $489.9K | $532.1K | +8.6% |
Charlottesville | $490.3K | $532K | +8.5% |
Rio | $475K | $472.3K | -0.6% |
Keswick | $855K | $792.8K | -7.3% |
How many homes are available in Rivanna, VA?
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
100 | 100 | 0.0% |
Summary: The Rivanna real estate market had 100 homes for sale in October 2024, the same as September 2024.
# BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 2 | -50.0% |
2 Bedrooms | 6 | 5 | -16.7% |
3 Bedrooms | 45 | 50 | +11.1% |
4 Bedrooms | 38 | 35 | -7.9% |
5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Rivanna housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 7.9%, and 5+ bedroom homes increased by 14.3%.
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
20 | 24 | +20.0% |
7 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in Rivanna in October 2024, up by 20.0% month-over-month. Of the 23 sold homes, 30% were sold under asking, 43% were sold at asking, and 26% were sold over asking.
How long does it take to sell a home in Rivanna, VA?
Oct 2023 | Oct 2024 | CHANGE |
---|---|---|
17 Days | 32 Days | +83.7% |
Summary: Homes in Rivanna had an average of 32 days on market in Oct 2024, up by 83.7% compared to last year.
15 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During October 2024, 24 homes were sold in Rivanna; 63% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 4% 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 2 Days Ago
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Based on information from BrightMLS, Charlottesville Area Association of Realtors MLS, Central Virginia Regional MLS, and Real Estate Information Network for the period 11/01/2022 - 11/01/2024
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.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
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Last updated on: 11/3/2024, 3:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Last updated on: 11/3/2024, 3:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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The listing data relating to real estate for sale on this web site comes in part from the Real Estate Information Network Inc. (REIN) and has been authorized by participating listing Broker Members of REIN for display. REIN's listings are based upon Data submitted by its Broker Members, and REIN therefore makes no representation or warranty regarding the accuracy of the Data. All users of REIN's listings database should confirm the accuracy of the listing information directly with the listing agent.
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Last updated on: 11/3/2024, 3:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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