Is Greene County, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Greene County has remained a Seller's Market.
Housing Prices in Greene County, VA
How much do homes in Greene County, VA cost?
Median Sold Price
$399,000
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Greene County was $399,000 in April 2024, up 4.5% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $631K | $135K | -78.6% |
2 Bedrooms | $265K | $330K | +24.5% |
3 Bedrooms | $345K | $340K | -1.4% |
4 Bedrooms | $435K | $448.7K | +3.2% |
5+ Bedrooms | $1.5M | $603.4K | -59.8% |
Summary: Greene County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 78.6%, 2 bedroom homes increased by 24.5%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes decreased by 59.8%.
Median Sold Price Compared To Nearby Counties
Orange County | $374K | $399.9K | +6.9% |
Madison County | $403K | $424.9K | +5.4% |
Greene County | $382K | $399K | +4.5% |
Page County | $280K | $267.3K | -4.5% |
Housing Supply in Greene County, VA
How many homes are available in Greene County, VA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
73 | 92 | +26.0% |
Summary: The Greene County real estate market had 92 homes for sale in April 2024, a 26.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 15 | 14 | -6.7% |
3 Bedrooms | 36 | 46 | +27.8% |
4 Bedrooms | 15 | 22 | +46.7% |
5+ Bedrooms | 7 | 9 | +28.6% |
Summary: The Greene County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 6.7%, 3 bedroom homes increased by 27.8%, 4 bedroom homes increased by 46.7%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 18 | +38.5% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in Greene County in April 2024, up by 38.5% month-over-month. Of the 18 sold homes, 44% were sold under asking, 33% were sold at asking, and 22% were sold over asking.
Days on Market for Greene County, VA
How long does it take to sell a home in Greene County, VA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
94 Days | 60 Days | -36.5% |
Summary: Homes in Greene County had an average of 60 days on market in Apr 2024, down by 36.5% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 18 homes were sold in Greene County; 56% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.