Is Nottoway County, 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, Nottoway County was a Seller's Market.
Housing Prices in Nottoway County, VA
How much do homes in Nottoway County, VA cost?
Median Sold Price
$217,000
$135/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Nottoway County was $217,000 in April 2024, up 14.2% from last year, and the median price per square foot was $135.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $525.2K | N/A |
2 Bedrooms | $135K | $193K | +43.0% |
3 Bedrooms | $187.5K | $197.5K | +5.3% |
4 Bedrooms | $289K | $251K | -13.1% |
5+ Bedrooms | $180K | $350K | +94.4% |
Summary: Nottoway County 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 increased by 43%, 3 bedroom homes increased by 5.3%, 4 bedroom homes decreased by 13.1%, and 5+ bedroom homes increased by 94.4%.
Median Sold Price Compared To Nearby Counties
Nottoway County | $190K | $217K | +14.2% |
Lunenburg County | $194K | $220K | +13.4% |
Dinwiddie County | $265K | $280K | +5.7% |
Amelia County | $299.9K | $310K | +3.4% |
Housing Supply in Nottoway County, VA
How many homes are available in Nottoway County, VA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
35 | 38 | +8.6% |
Summary: The Nottoway County real estate market had 38 homes for sale in April 2024, a 8.6% 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 | 4 | 6 | +50.0% |
3 Bedrooms | 15 | 17 | +13.3% |
4 Bedrooms | 12 | 11 | -8.3% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Nottoway County 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 13.3%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 3 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Nottoway County in April 2024, down by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Nottoway County, VA
How long does it take to sell a home in Nottoway County, VA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
46 Days | 26 Days | -43.7% |
Summary: Homes in Nottoway County had an average of 26 days on market in Apr 2024, down by 43.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Nottoway County; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.