Is Heritage Hunt, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Heritage Hunt has remained a Seller's Market.
Housing Prices in Heritage Hunt, VA
How much do homes in Heritage Hunt, VA cost?
Median Sold Price
$651,500
$261/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Heritage Hunt was $651,500 in May 2024, up 3.6% from last year, and the median price per square foot was $261.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $509K | N/A |
2 Bedrooms | $435K | $520K | +19.5% |
3 Bedrooms | $640K | $675K | +5.5% |
4 Bedrooms | $682.5K | $673.2K | -1.4% |
5+ Bedrooms | $689.5K | $819.5K | +18.9% |
Summary: Heritage Hunt housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 19.5%, 3 bedroom homes increased by 5.5%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes increased by 18.9%.
Housing Supply in Heritage Hunt, VA
How many homes are available in Heritage Hunt, VA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
25 | 26 | +4.0% |
Summary: The Heritage Hunt real estate market had 26 homes for sale in May 2024, a 4.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 8 | +14.3% |
3 Bedrooms | 11 | 9 | -18.2% |
4 Bedrooms | 6 | 8 | +33.3% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Heritage Hunt housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
9 | 6 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Heritage Hunt in May 2024, down by 33.3% month-over-month. Of the 6 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.
Days on Market for Heritage Hunt, VA
How long does it take to sell a home in Heritage Hunt, VA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
5 Days | 14 Days | +139.5% |
Summary: Homes in Heritage Hunt had an average of 14 days on market in May 2024, up by 139.5% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 6 homes were sold in Heritage Hunt; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.