Is Scottsville, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Scottsville has remained a Buyer's Market.
Housing Prices in Scottsville, VA
How much do homes in Scottsville, VA cost?
Median Sold Price
$307,500
$229/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in Scottsville was $307,500 in March 2024, down 18% from last month, and the median price per square foot was $229.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $374.9K | $307.5K | -18.0% |
4 Bedrooms | $365K | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Scottsville housing prices by bedroom type for March 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 decreased by 18%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Cunningham | $374.9K | $312.4K | -16.7% |
Scottsville | $374.9K | $307.5K | -18.0% |
Housing Supply in Scottsville, VA
How many homes are available in Scottsville, VA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
31 | 30 | -3.2% |
Summary: The Scottsville real estate market had 30 homes for sale in March 2024, a 3.2% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 11 | 12 | +9.1% |
4 Bedrooms | 15 | 13 | -13.3% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Scottsville 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 9.1%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Scottsville in March 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Scottsville, VA
How long does it take to sell a home in Scottsville, VA?
Average Sale Time
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
45 Days | 5 Days | -87.9% |
Summary: Homes in Scottsville had an average of 5 days on market in Mar 2024, down by 87.9% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 2 homes were sold in Scottsville; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.