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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ruckersville is a seller's market

Buyer's
Market

Difference Since August 2023

Since last year, Ruckersville has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Ruckersville, VA

How much do homes in Ruckersville, VA cost?

Median Sold Price

$412,250

$209/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$7,250(+1.8%)

Key Takeaway

Homes in Ruckersville have sold for 1.8% more than they did a year ago.

Summary: The median home sold price in Ruckersville was $412,250 in August 2024, up 1.8% from last year, and the median price per square foot was $209.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 --
N/A
2 $468.2K$399.9K
-14.6%
3 $345K$359.9K
+4.3%
4 $450K$471.1K
+4.7%
5+ $650K$659.3K
+1.4%

Summary: Ruckersville 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 decreased by 14.6%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 1.4%.

Median Sold Price Compared To Nearby Cities

Rapidan
+28.7%
Rivanna
+14.5%
Monroe
+11.7%
Ruckersville
+1.8%

Housing Supply in Ruckersville, VA

How many homes are available in Ruckersville, VA?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
7555-26.7%

Summary: The Ruckersville real estate market had 55 homes for sale in August 2024, a 26.7% decrease compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 86
-25.0%
3 4233
-21.4%
4 2012
-40.0%
5+ 54
-20.0%

Summary: The Ruckersville 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 decreased by 25%, 3 bedroom homes decreased by 21.4%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
2718-33.3%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ruckersville, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in Ruckersville in August 2024, down by 33.3% month-over-month. Of the 18 sold homes, 56% were sold under asking, 22% were sold at asking, and 22% were sold over asking.

Days on Market for Ruckersville, VA

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

Average Sale Time

Aug 2023Aug 2024CHANGE
37 Days12 Days-67.1%

Summary: Homes in Ruckersville had an average of 12 days on market in Aug 2024, down by 67.1% compared to last year.

Breakdown of Home Sale Times

16 Homes Were 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

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

Summary: During August 2024, 18 homes were sold in Ruckersville; 89% of homes were sold within 30 days, 11% 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 16 Days Ago

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