Is Henry, 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, Henry has remained a Seller's Market.
Housing Prices in Henry, VA
How much do homes in Henry, VA cost?
Median Sold Price
$445,000
$209/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Henry was $445,000 in April 2024, up 4.4% from last year, and the median price per square foot was $209.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $343.2K | $362.4K | +5.6% |
3 Bedrooms | $339.9K | $355K | +4.4% |
4 Bedrooms | $469.1K | $485K | +3.4% |
5+ Bedrooms | $620.5K | $680K | +9.6% |
Summary: Henry 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 5.6%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 9.6%.
Median Sold Price Compared To Nearby Cities
Chickahominy | $451.3K | $497.8K | +10.3% |
Mechanicsville | $400K | $425.2K | +6.3% |
Henry | $426.1K | $445K | +4.4% |
Housing Supply in Henry, VA
How many homes are available in Henry, VA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
77 | 89 | +15.6% |
Summary: The Henry real estate market had 89 homes for sale in April 2024, a 15.6% increase 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 | 7 | 7 | 0.0% |
3 Bedrooms | 25 | 36 | +44.0% |
4 Bedrooms | 25 | 26 | +4.0% |
5+ Bedrooms | 20 | 20 | 0.0% |
Summary: The Henry 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 44%, 4 bedroom homes increased by 4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 22 | +69.2% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in Henry in April 2024, up by 69.2% month-over-month. Of the 22 sold homes, 27% were sold under asking, 18% were sold at asking, and 55% were sold over asking.
Days on Market for Henry, VA
How long does it take to sell a home in Henry, VA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
24 Days | 21 Days | -13.4% |
Summary: Homes in Henry had an average of 21 days on market in Apr 2024, down by 13.4% compared to last year.
Breakdown of Home Sale Times
17 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, 22 homes were sold in Henry; 77% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.