$10,000 Closing Credit*
$975,000
4,644 SqFt
5 Beds
•3 Full Baths, 1 Partial
Mackenzie Kate Horne, Listing Office: McEnearney Associates, LLC
Is Round Hill, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, Round Hill has remained a Seller's Market.
Key Takeaway
Round Hill is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Round Hill, VA
How much do homes in Round Hill, VA cost?
Median Sold Price
$775,000
$250/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
-$25,000(-3.1%)
Key Takeaway
Homes in Round Hill have sold for 3.1% less than they did a year ago.
Summary: The median home sold price in Round Hill was $775,000 in August 2024, down 3.1% from last year, and the median price per square foot was $250.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $260K | N/A |
| 3 Bedrooms | $640K | $603K | -5.8% |
| 4 Bedrooms | $755.3K | $799.9K | +5.9% |
| 5+ Bedrooms | $1.0M | $825K | -17.5% |
Summary: Round Hill housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 5.8%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes decreased by 17.5%.
Median Sold Price Compared To Nearby Cities
| Blue Ridge | $747K | $819.5K | +9.7% |
| Round Hill | $800K | $775K | -3.1% |
Housing Supply in Round Hill, VA
How many homes are available in Round Hill, VA?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 20 | 22 | +10.0% |
Summary: The Round Hill real estate market had 22 homes for sale in August 2024, a 10.0% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 9 | 13 | +44.4% |
| 5+ Bedrooms | 7 | 4 | -42.9% |
Summary: The Round Hill housing inventory by bedroom type for August 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 25%, 4 bedroom homes increased by 44.4%, and 5+ bedroom homes decreased by 42.9%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 8 | 8 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Round Hill, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in Round Hill in August 2024, the same as the previous month. Of the 8 sold homes, 13% were sold under asking, 38% were sold at asking, and 50% were sold over asking.
Days on Market for Round Hill, VA
How long does it take to sell a home in Round Hill, VA?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 12 Days | 20 Days | +67.2% |
Summary: Homes in Round Hill had an average of 20 days on market in Aug 2024, up by 67.2% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Round Hill are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 8 homes were sold in Round Hill; 88% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
