Is Goochland, 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, Goochland was a Seller's Market.
Key Takeaway
Goochland is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Goochland, VA
How much do homes in Goochland, VA cost?
Median Sold Price
$423,750
$228/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Goochland have sold for 16.1% more than they did a year ago.
Summary: The median home sold price in Goochland was $423,750 in April 2024, up 16.1% from last year, and the median price per square foot was $228.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $271K | N/A |
| 3 Bedrooms | $350K | $365K | +4.3% |
| 4 Bedrooms | $573.8K | $677.1K | +18.0% |
| 5+ Bedrooms | $685K | $699.9K | +2.2% |
Summary: Goochland 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 did not change, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 18%, and 5+ bedroom homes increased by 2.2%.
Median Sold Price Compared To Nearby Cities
| Goochland | $365K | $423.7K | +16.1% |
| Sandy Hook | $480.8K | $539.9K | +12.3% |
| Gum Spring | $356K | $356.4K | 0.1% |
Housing Supply in Goochland, VA
How many homes are available in Goochland, VA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 26 | 32 | +23.1% |
Summary: The Goochland real estate market had 32 homes for sale in April 2024, a 23.1% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 6 | 9 | +50.0% |
| 4 Bedrooms | 8 | 12 | +50.0% |
| 5+ Bedrooms | 12 | 11 | -8.3% |
Summary: The Goochland 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 remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 8.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Goochland, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Goochland in April 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Goochland, VA
How long does it take to sell a home in Goochland, VA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 85 Days | 12 Days | -86.0% |
Summary: Homes in Goochland had an average of 12 days on market in Apr 2024, down by 86% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Goochland are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 2 homes were sold in Goochland; 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.
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