Is Dale, 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, Dale has remained a Seller's Market.
Housing Prices in Dale, VA
How much do homes in Dale, VA cost?
Median Sold Price
$339,658
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Dale was $339,658 in April 2024, up 6.1% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $53.2K | $95K | +78.6% |
2 Bedrooms | $205K | $210K | +2.4% |
3 Bedrooms | $278.1K | $310K | +11.5% |
4 Bedrooms | $368.9K | $390K | +5.7% |
5+ Bedrooms | $465K | $489.9K | +5.4% |
Summary: Dale housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 78.6%, 2 bedroom homes increased by 2.4%, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 5.4%.
Median Sold Price Compared To Nearby Cities
Clover Hill | $334.8K | $361.2K | +7.9% |
Dale | $320K | $339.6K | +6.1% |
Chesterfield | $420.2K | $432.3K | +2.9% |
Matoaca | $437.9K | $450K | +2.8% |
Chester | $351.1K | $359.9K | +2.5% |
Housing Supply in Dale, VA
How many homes are available in Dale, VA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
224 | 232 | +3.6% |
Summary: The Dale real estate market had 232 homes for sale in April 2024, a 3.6% 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 | 6 | +50.0% |
3 Bedrooms | 113 | 118 | +4.4% |
4 Bedrooms | 91 | 94 | +3.3% |
5+ Bedrooms | 15 | 13 | -13.3% |
Summary: The Dale 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 50%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes decreased by 13.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
62 | 67 | +8.1% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
25 Homes Were Sold
At Asking
27 Homes Were Sold
Over Asking
Summary: A total of 67 homes were sold or pending in Dale in April 2024, up by 8.1% month-over-month. Of the 67 sold homes, 22% were sold under asking, 37% were sold at asking, and 40% were sold over asking.
Days on Market for Dale, VA
How long does it take to sell a home in Dale, VA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
22 Days | 18 Days | -18.2% |
Summary: Homes in Dale had an average of 18 days on market in Apr 2024, down by 18.2% compared to last year.
Breakdown of Home Sale Times
60 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 67 homes were sold in Dale; 90% of homes were sold within 30 days, 4% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.