Is Tuckahoe, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Tuckahoe has remained a Seller's Market.
Housing Prices in Tuckahoe, VA
How much do homes in Tuckahoe, VA cost?
Median Sold Price
$460,000
$224/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Tuckahoe was $460,000 in February 2024, up 8.5% from last year, and the median price per square foot was $224.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $155K | $165K | +6.5% |
2 Bedrooms | $251.5K | $279.5K | +11.1% |
3 Bedrooms | $359K | $375K | +4.5% |
4 Bedrooms | $498.5K | $550K | +10.3% |
5+ Bedrooms | $868K | $800.5K | -7.8% |
Summary: Tuckahoe housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.5%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes decreased by 7.8%.
Median Sold Price Compared To Nearby Cities
Tuckahoe | $423.8K | $460K | +8.5% |
Richmond | $315.5K | $339.4K | +7.6% |
Richmond | $328.7K | $349.9K | +6.5% |
Midlothian | $399.9K | $420.3K | +5.1% |
Three Chopt | $477.6K | $498.7K | +4.4% |
Housing Supply in Tuckahoe, VA
How many homes are available in Tuckahoe, VA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
107 | 137 | +28.0% |
Summary: The Tuckahoe real estate market had 137 homes for sale in February 2024, a 28.0% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 1 | -66.7% |
2 Bedrooms | 13 | 16 | +23.1% |
3 Bedrooms | 40 | 52 | +30.0% |
4 Bedrooms | 34 | 44 | +29.4% |
5+ Bedrooms | 17 | 24 | +41.2% |
Summary: The Tuckahoe housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes increased by 23.1%, 3 bedroom homes increased by 30%, 4 bedroom homes increased by 29.4%, and 5+ bedroom homes increased by 41.2%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
22 | 42 | +90.9% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Summary: A total of 42 homes were sold or pending in Tuckahoe in February 2024, up by 90.9% month-over-month. Of the 42 sold homes, 36% were sold under asking, 26% were sold at asking, and 38% were sold over asking.
Days on Market for Tuckahoe, VA
How long does it take to sell a home in Tuckahoe, VA?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
10 Days | 18 Days | +71.7% |
Summary: Homes in Tuckahoe had an average of 18 days on market in Feb 2024, up by 71.7% compared to last year.
Breakdown of Home Sale Times
34 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During February 2024, 42 homes were sold in Tuckahoe; 81% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.