Is Cuckoo, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Cuckoo was a Neutral Market.
Housing Prices in Cuckoo, VA
How much do homes in Cuckoo, VA cost?
Median Sold Price
$450,000
$226/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Cuckoo was $450,000 in April 2024, up 26.8% from last year, and the median price per square foot was $226.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $230K | $259.7K | +12.9% |
3 Bedrooms | $349.2K | $389.9K | +11.6% |
4 Bedrooms | $429.9K | $512.4K | +19.2% |
5+ Bedrooms | $475K | $649K | +36.6% |
Summary: Cuckoo 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 12.9%, 3 bedroom homes increased by 11.6%, 4 bedroom homes increased by 19.2%, and 5+ bedroom homes increased by 36.6%.
Median Sold Price Compared To Nearby Cities
Cuckoo | $354.9K | $450K | +26.8% |
Mineral | $367K | $452.4K | +23.3% |
Jackson | $340K | $389.7K | +14.6% |
Bumpass | $368.5K | $393.6K | +6.8% |
Mountain Road | $350K | $366.5K | +4.7% |
Housing Supply in Cuckoo, VA
How many homes are available in Cuckoo, VA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
107 | 98 | -8.4% |
Summary: The Cuckoo real estate market had 98 homes for sale in April 2024, a 8.4% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 73 | 61 | -16.4% |
4 Bedrooms | 23 | 24 | +4.3% |
5+ Bedrooms | 10 | 11 | +10.0% |
Summary: The Cuckoo 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 increased by 100%, 3 bedroom homes decreased by 16.4%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
22 | 18 | -18.2% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in Cuckoo in April 2024, down by 18.2% month-over-month. Of the 18 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Cuckoo, VA
How long does it take to sell a home in Cuckoo, VA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
24 Days | 36 Days | +50.3% |
Summary: Homes in Cuckoo had an average of 36 days on market in Apr 2024, up by 50.3% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 18 homes were sold in Cuckoo; 78% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.