Is White Stone, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing White Stone is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, White Stone was a Neutral Market.

Key Takeaway

White Stone is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in White Stone, VA

How much do homes in White Stone, VA cost?

Median Sold Price

$537,500

$340/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$322,500(+150.0%)

Key Takeaway

Homes in White Stone have sold for 150% more than they did a month ago.

Summary: The median home sold price in White Stone was $537,500 in March 2024, up 150% from last month, and the median price per square foot was $340.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 $166.7K$690K
+313.8%
3 $577.5K$385K
-33.3%
4 --
N/A
5+ --
N/A

Summary: White Stone 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 increased by 313.8%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in White Stone, VA

How many homes are available in White Stone, VA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1821+16.7%

Summary: The White Stone real estate market had 21 homes for sale in March 2024, a 16.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 42
-50.0%
3 1010
0.0%
4 25
+150.0%
5+ 24
+100.0%

Summary: The White Stone 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 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 150%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

4 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 White Stone, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in White Stone in March 2024, up by 66.7% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for White Stone, VA

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

Average Sale Time

Feb 2024Mar 2024CHANGE
135 Days79 Days-41.5%

Summary: Homes in White Stone had an average of 79 days on market in Mar 2024, down by 41.5% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in White Stone are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 5 homes were sold in White Stone; 40% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 60% 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 25 Days Ago

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