Is Cunningham, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Cunningham has remained a Seller's Market.
Housing Prices in Cunningham, VA
How much do homes in Cunningham, VA cost?
Median Sold Price
$475,000
$206/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Cunningham was $475,000 in April 2024, up 52% from last month, and the median price per square foot was $206.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $307.5K | $262.5K | -14.6% |
4 Bedrooms | $434.9K | $480K | +10.4% |
5+ Bedrooms | - | - | N/A |
Summary: Cunningham housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 14.6%, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Cunningham | $312.4K | $475K | +52.0% |
Rivanna | $306.5K | $345K | +12.6% |
Scottsville | $307.5K | $292.5K | -4.9% |
Fork Union | $562.3K | $371.9K | -33.9% |
Housing Supply in Cunningham, VA
How many homes are available in Cunningham, VA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 19 | -5.0% |
Summary: The Cunningham real estate market had 19 homes for sale in April 2024, a 5.0% 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 | 0 | 0 | 0.0% |
3 Bedrooms | 7 | 7 | 0.0% |
4 Bedrooms | 11 | 11 | 0.0% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Cunningham 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 5 | +25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Cunningham in April 2024, up by 25.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.
Days on Market for Cunningham, VA
How long does it take to sell a home in Cunningham, VA?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 Days | 65 Days | +626.7% |
Summary: Homes in Cunningham had an average of 65 days on market in Apr 2024, up by 626.7% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Cunningham; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.