Is Sandston, 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, Sandston was a Seller's Market.
Housing Prices in Sandston, VA
How much do homes in Sandston, VA cost?
Median Sold Price
$293,000
$193/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Sandston was $293,000 in April 2024, up 10.4% from last year, and the median price per square foot was $193.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $195K | $184.8K | -5.2% |
3 Bedrooms | $255K | $290K | +13.7% |
4 Bedrooms | $310K | $330K | +6.5% |
5+ Bedrooms | $469K | $391.7K | -16.5% |
Summary: Sandston 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 decreased by 5.2%, 3 bedroom homes increased by 13.7%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes decreased by 16.5%.
Median Sold Price Compared To Nearby Cities
Sandston | $265.5K | $293K | +10.4% |
Henrico | $349.9K | $379.5K | +8.4% |
Varina | $273.1K | $290K | +6.2% |
Quinton | $399.9K | $384.4K | -3.9% |
Cold Harbor | $417.5K | $397.5K | -4.8% |
Housing Supply in Sandston, VA
How many homes are available in Sandston, VA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
45 | 50 | +11.1% |
Summary: The Sandston real estate market had 50 homes for sale in April 2024, a 11.1% 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 | 6 | 7 | +16.7% |
3 Bedrooms | 23 | 25 | +8.7% |
4 Bedrooms | 14 | 16 | +14.3% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Sandston 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 16.7%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 8 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Sandston in April 2024, down by 33.3% month-over-month. Of the 8 sold homes, 13% were sold under asking, 50% were sold at asking, and 38% were sold over asking.
Days on Market for Sandston, VA
How long does it take to sell a home in Sandston, VA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
10 Days | 6 Days | -38.2% |
Summary: Homes in Sandston had an average of 6 days on market in Apr 2024, down by 38.2% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in Sandston; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.