Is Stevensburg, 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, Stevensburg has remained a Seller's Market.
Housing Prices in Stevensburg, VA
How much do homes in Stevensburg, VA cost?
Median Sold Price
$450,000
$191/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in Stevensburg was $450,000 in March 2024, down 31.8% from last month, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $595K | - | N/A |
3 Bedrooms | $770K | $425K | -44.8% |
4 Bedrooms | $671.8K | $670K | -0.3% |
5+ Bedrooms | - | $630K | N/A |
Summary: Stevensburg 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 44.8%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Stevensburg | $660K | $450K | -31.8% |
Lignum | $683.6K | $391K | -42.8% |
Housing Supply in Stevensburg, VA
How many homes are available in Stevensburg, VA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
41 | 39 | -4.9% |
Summary: The Stevensburg real estate market had 39 homes for sale in March 2024, a 4.9% 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 | 3 | 1 | -66.7% |
3 Bedrooms | 20 | 22 | +10.0% |
4 Bedrooms | 13 | 10 | -23.1% |
5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Stevensburg 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 decreased by 66.7%, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 23.1%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 9 | +28.6% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Stevensburg in March 2024, up by 28.6% month-over-month. Of the 9 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Stevensburg, VA
How long does it take to sell a home in Stevensburg, VA?
Average Sale Time
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
34 Days | 17 Days | -48.3% |
Summary: Homes in Stevensburg had an average of 17 days on market in Mar 2024, down by 48.3% compared to last month.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 9 homes were sold in Stevensburg; 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.