Is Ware, 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, Ware has remained a Buyer's Market.
Housing Prices in Ware, VA
How much do homes in Ware, VA cost?
Median Sold Price
$335,500
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Ware was $335,500 in February 2024, up 1.8% from last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $261.9K | $150K | -42.7% |
3 Bedrooms | $320K | $334K | +4.4% |
4 Bedrooms | $435K | $484.9K | +11.5% |
5+ Bedrooms | $435.9K | $440K | +0.9% |
Summary: Ware housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 42.7%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes increased by 0.9%.
Median Sold Price Compared To Nearby Cities
Abingdon | $287K | $340K | +18.5% |
Petsworth | $285K | $323.5K | +13.5% |
Gloucester | $310K | $342K | +10.3% |
Ware | $329.5K | $335.5K | +1.8% |
Housing Supply in Ware, VA
How many homes are available in Ware, VA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
47 | 54 | +14.9% |
Summary: The Ware real estate market had 54 homes for sale in February 2024, a 14.9% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 6 | +500.0% |
3 Bedrooms | 43 | 37 | -14.0% |
4 Bedrooms | 2 | 9 | +350.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Ware housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 500%, 3 bedroom homes decreased by 14%, 4 bedroom homes increased by 350%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
10 | 4 | -60.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Ware in February 2024, down by 60.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Ware, VA
How long does it take to sell a home in Ware, VA?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
5 Days | 28 Days | +460.0% |
Summary: Homes in Ware had an average of 28 days on market in Feb 2024, up by 460% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 4 homes were sold in Ware; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.