Is Heathsville, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Heathsville is a buyer's market

Buyer's
Market

Difference Since April 2023

Since last year, Heathsville has remained a Buyer's Market.

Key Takeaway

Heathsville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Heathsville, VA

How much do homes in Heathsville, VA cost?

Median Sold Price

$451,250

$230/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$41,250(+10.1%)

Key Takeaway

Homes in Heathsville have sold for 10.1% more than they did a year ago.

Summary: The median home sold price in Heathsville was $451,250 in April 2024, up 10.1% from last year, and the median price per square foot was $230.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $242K-
N/A
2 $325K$369.5K
+13.7%
3 $385K$395K
+2.6%
4 $600K$750K
+25.0%
5+ --
N/A

Summary: Heathsville 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 13.7%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 25%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Reedville
+15.3%
Heathsville
+10.1%
Lancaster
+9.5%

Housing Supply in Heathsville, VA

How many homes are available in Heathsville, VA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2738+40.7%

Summary: The Heathsville real estate market had 38 homes for sale in April 2024, a 40.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1930
+57.9%
4 55
0.0%
5+ 22
0.0%

Summary: The Heathsville 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 increased by 57.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
330.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Heathsville, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Heathsville in April 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Heathsville, VA

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

Average Sale Time

Apr 2023Apr 2024CHANGE
7 Days61 Days+776.2%

Summary: Homes in Heathsville had an average of 61 days on market in Apr 2024, up by 776.2% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 3 homes were sold in Heathsville; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 Apr 1, 2024

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