Is Charles City County, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Charles City County is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Charles City County was a Buyer's Market.

Key Takeaway

Charles City County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Charles City County, VA

How much do homes in Charles City County, VA cost?

Median Sold Price

$300,000

$182/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$35,000(+13.2%)

Key Takeaway

Homes in Charles City County have sold for 13.2% more than they did a year ago.

Summary: The median home sold price in Charles City County was $300,000 in April 2024, up 13.2% from last year, and the median price per square foot was $182.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$138K
N/A
2 $133K$192.5K
+44.7%
3 $270K$280K
+3.7%
4 $370K$625K
+68.9%
5+ $1.1M$800K
-27.3%

Summary: Charles City County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 44.7%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 68.9%, and 5+ bedroom homes decreased by 27.3%.

Median Sold Price Compared To Nearby Counties

Charles City County
+13.2%
Henrico County
+9.2%
Chesterfield County
+4.3%
Prince George County
+2.5%
New Kent County
-1.1%

Housing Supply in Charles City County, VA

How many homes are available in Charles City County, VA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2619-26.9%

Summary: The Charles City County real estate market had 19 homes for sale in April 2024, a 26.9% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1814
-22.2%
4 52
-60.0%
5+ 11
0.0%

Summary: The Charles City County housing inventory by bedroom type for April 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 22.2%, 4 bedroom homes decreased by 60%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
94-55.6%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Charles City County, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Charles City County in April 2024, down by 55.6% month-over-month. Of the 4 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Charles City County, VA

How long does it take to sell a home in Charles City County, VA?

Average Sale Time

Apr 2023Apr 2024CHANGE
2 Days16 Days+725.0%

Summary: Homes in Charles City County had an average of 16 days on market in Apr 2024, up by 725% 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Charles City County are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 4 homes were sold in Charles City County; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in Charles City County, VA

Nearby Markets to Charles City County, VA

What housing markets are near Charles City County, VA?