Is Pittsylvania 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, Pittsylvania County has remained a Seller's Market.
Housing Prices in Pittsylvania County, VA
How much do homes in Pittsylvania County, VA cost?
Median Sold Price
$215,000
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Pittsylvania County was $215,000 in April 2024, up 21.1% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $51K | $199.5K | +291.2% |
2 Bedrooms | $147.9K | $176K | +19.0% |
3 Bedrooms | $184.5K | $206.5K | +11.9% |
4 Bedrooms | $237.5K | $372.4K | +56.8% |
5+ Bedrooms | $274.3K | $424K | +54.5% |
Summary: Pittsylvania County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 291.2%, 2 bedroom homes increased by 19%, 3 bedroom homes increased by 11.9%, 4 bedroom homes increased by 56.8%, and 5+ bedroom homes increased by 54.5%.
Median Sold Price Compared To Nearby Counties
Pittsylvania County | $177.5K | $215K | +21.1% |
Franklin County | $315K | $349.4K | +10.9% |
Campbell County | $263.8K | $270K | +2.3% |
Housing Supply in Pittsylvania County, VA
How many homes are available in Pittsylvania County, VA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
36 | 45 | +25.0% |
Summary: The Pittsylvania County real estate market had 45 homes for sale in April 2024, a 25.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 4 | 11 | +175.0% |
3 Bedrooms | 20 | 19 | -5.0% |
4 Bedrooms | 7 | 13 | +85.7% |
5+ Bedrooms | 4 | 1 | -75.0% |
Summary: The Pittsylvania County 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 increased by 175%, 3 bedroom homes decreased by 5%, 4 bedroom homes increased by 85.7%, and 5+ bedroom homes decreased by 75%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 19 | +18.8% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in Pittsylvania County in April 2024, up by 18.8% month-over-month. Of the 19 sold homes, 21% were sold under asking, 58% were sold at asking, and 21% were sold over asking.
Days on Market for Pittsylvania County, VA
How long does it take to sell a home in Pittsylvania County, VA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
45 Days | 35 Days | -22.6% |
Summary: Homes in Pittsylvania County had an average of 35 days on market in Apr 2024, down by 22.6% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 19 homes were sold in Pittsylvania County; 53% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.