Is Cuckoo, 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, Cuckoo has remained a Seller's Market.
Housing Prices in Cuckoo, VA
How much do homes in Cuckoo, VA cost?
Median Sold Price
$450,355
$232/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Cuckoo was $450,355 in May 2024, up 18.3% from last year, and the median price per square foot was $232.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $230K | $206K | -10.4% |
3 Bedrooms | $360K | $389.9K | +8.3% |
4 Bedrooms | $418.9K | $534.9K | +27.7% |
5+ Bedrooms | $450K | $761.7K | +69.3% |
Summary: Cuckoo 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 decreased by 10.4%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 27.7%, and 5+ bedroom homes increased by 69.3%.
Median Sold Price Compared To Nearby Cities
Mineral | $380K | $458.8K | +20.7% |
Cuckoo | $380.7K | $450.3K | +18.3% |
Jackson | $350K | $389.5K | +11.3% |
Mountain Road | $350K | $382.1K | +9.2% |
Bumpass | $375K | $397.4K | +6.0% |
Housing Supply in Cuckoo, VA
How many homes are available in Cuckoo, VA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
102 | 96 | -5.9% |
Summary: The Cuckoo real estate market had 96 homes for sale in May 2024, a 5.9% decrease 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 | 2 | 4 | +100.0% |
3 Bedrooms | 63 | 64 | +1.6% |
4 Bedrooms | 27 | 20 | -25.9% |
5+ Bedrooms | 10 | 8 | -20.0% |
Summary: The Cuckoo 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 100%, 3 bedroom homes increased by 1.6%, 4 bedroom homes decreased by 25.9%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
19 | 26 | +36.8% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 26 homes were sold or pending in Cuckoo in May 2024, up by 36.8% month-over-month. Of the 26 sold homes, 27% were sold under asking, 46% were sold at asking, and 27% were sold over asking.
Days on Market for Cuckoo, VA
How long does it take to sell a home in Cuckoo, VA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
40 Days | 91 Days | +124.8% |
Summary: Homes in Cuckoo had an average of 91 days on market in May 2024, up by 124.8% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During May 2024, 26 homes were sold in Cuckoo; 54% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.