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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Westville is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Westville was a Neutral Market.

Key Takeaway

Westville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Westville, VA

How much do homes in Westville, VA cost?

Median Sold Price

$415,000

$222/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$11,450(-2.7%)

Key Takeaway

Homes in Westville have sold for 2.7% less than they did a year ago.

Summary: The median home sold price in Westville was $415,000 in November 2024, down 2.7% from last year, and the median price per square foot was $222.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $75K$446K
+494.7%
2 $222.5K$255K
+14.6%
3 $442.9K$393.2K
-11.2%
4 $515K$830K
+61.2%
5+ $915K$444.3K
-51.4%

Summary: Westville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 494.7%, 2 bedroom homes increased by 14.6%, 3 bedroom homes decreased by 11.2%, 4 bedroom homes increased by 61.2%, and 5+ bedroom homes decreased by 51.4%.

Median Sold Price Compared To Nearby Cities

Mathews
+15.1%
Westville
-2.7%

Housing Supply in Westville, VA

How many homes are available in Westville, VA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3828-26.3%

Summary: The Westville real estate market had 28 homes for sale in November 2024, a 26.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 88
0.0%
3 1711
-35.3%
4 85
-37.5%
5+ 54
-20.0%

Summary: The Westville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 35.3%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
113-72.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Westville, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Westville in November 2024, down by 72.7% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Westville, VA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
51 Days33 Days-34.0%

Summary: Homes in Westville had an average of 33 days on market in Nov 2024, down by 34% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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

Avg time on Rocket Homes in Westville has remained consistent over time.

Summary: During November 2024, 3 homes were sold in Westville; 33% of homes were sold within 30 days, 67% 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 4 Days Ago

Newest Listings in Westville, VA

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