Is Surry County, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Surry County was a Seller's Market.
Housing Prices in Surry County, VA
How much do homes in Surry County, VA cost?
Median Sold Price
$98,000
$87/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Surry County was $98,000 in April 2024, down 62.3% from last month, and the median price per square foot was $87.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $450K | $98K | -78.2% |
4 Bedrooms | $243.8K | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Surry County housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 78.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
Sussex County | $197.5K | $210.5K | +6.6% |
Isle of Wight County | $560K | $587.1K | +4.8% |
Surry County | $260K | $98K | -62.3% |
Housing Supply in Surry County, VA
How many homes are available in Surry County, VA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
38 | 44 | +15.8% |
Summary: The Surry County real estate market had 44 homes for sale in April 2024, a 15.8% 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 | 1 | 2 | +100.0% |
3 Bedrooms | 22 | 29 | +31.8% |
4 Bedrooms | 14 | 12 | -14.3% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Surry 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 100%, 3 bedroom homes increased by 31.8%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 3 | -57.1% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Surry County in April 2024, down by 57.1% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Surry County, VA
How long does it take to sell a home in Surry County, VA?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
21 Days | 27 Days | +24.3% |
Summary: Homes in Surry County had an average of 27 days on market in Apr 2024, up by 24.3% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Surry County; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.