Is Nellysford, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Nellysford was a Buyer's Market.
Housing Prices in Nellysford, VA
How much do homes in Nellysford, VA cost?
Median Sold Price
$553,500
$258/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Nellysford was $553,500 in April 2024, up 10.8% from last year, and the median price per square foot was $258.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $179.9K | $205K | +13.9% |
2 Bedrooms | $405K | $283.5K | -30.0% |
3 Bedrooms | $499.5K | $540.5K | +8.2% |
4 Bedrooms | $775K | $695.2K | -10.3% |
5+ Bedrooms | $1.0M | $1.3M | +30.0% |
Summary: Nellysford housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.9%, 2 bedroom homes decreased by 30%, 3 bedroom homes increased by 8.2%, 4 bedroom homes decreased by 10.3%, and 5+ bedroom homes increased by 30%.
Median Sold Price Compared To Nearby Cities
North | $370K | $555K | +50.0% |
Central | $459.5K | $532K | +15.8% |
Nellysford | $499.5K | $553.5K | +10.8% |
Housing Supply in Nellysford, VA
How many homes are available in Nellysford, VA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
31 | 28 | -9.7% |
Summary: The Nellysford real estate market had 28 homes for sale in April 2024, a 9.7% 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 | 6 | 5 | -16.7% |
3 Bedrooms | 13 | 12 | -7.7% |
4 Bedrooms | 6 | 5 | -16.7% |
5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Nellysford 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 decreased by 16.7%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 7 | -30.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Nellysford in April 2024, down by 30.0% month-over-month. Of the 7 sold homes, 71% were sold under asking, 29% were sold at asking, and 0% were sold over asking.
Days on Market for Nellysford, VA
How long does it take to sell a home in Nellysford, VA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
117 Days | 111 Days | -5.7% |
Summary: Homes in Nellysford had an average of 111 days on market in Apr 2024, down by 5.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in Nellysford; 43% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.