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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Roberts is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Roberts has remained a Seller's Market.

Key Takeaway

Roberts is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Roberts, VA

How much do homes in Roberts, VA cost?

Median Sold Price

$575,000

$243/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$83,000(+16.9%)

Key Takeaway

Homes in Roberts have sold for 16.9% more than they did a month ago.

Summary: The median home sold price in Roberts was $575,000 in April 2024, up 16.9% from last month, and the median price per square foot was $243.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $492K$527.7K
+7.3%
4 -$2.1M
N/A
5+ --
N/A

Summary: Roberts housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 7.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Newport News
+22.0%
Roberts
+16.9%

Housing Supply in Roberts, VA

How many homes are available in Roberts, VA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
6681+22.7%

Summary: The Roberts real estate market had 81 homes for sale in April 2024, a 22.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 913
+44.4%
3 2628
+7.7%
4 2226
+18.2%
5+ 914
+55.6%

Summary: The Roberts 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 44.4%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 55.6%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
14140.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 14 homes were sold or pending in Roberts in April 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Roberts, VA

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

Average Sale Time

Mar 2024Apr 2024CHANGE
227 Days21 Days-90.4%

Summary: Homes in Roberts had an average of 21 days on market in Apr 2024, down by 90.4% compared to last month.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 14 homes were sold in Roberts; 79% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 7% 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 17 Days Ago

Newest Listings in Roberts, VA

Nearby Markets to Roberts, VA

What housing markets are near Roberts, VA?