Is Heathsville, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Heathsville is a neutral's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Heathsville was a Seller's Market.

Key Takeaway

Heathsville is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Heathsville, VA

How much do homes in Heathsville, VA cost?

Median Sold Price

$425,000

$229/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$17,500(+4.3%)

Key Takeaway

Homes in Heathsville have sold for 4.3% more than they did a year ago.

Summary: The median home sold price in Heathsville was $425,000 in May 2024, up 4.3% from last year, and the median price per square foot was $229.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $242K-
N/A
2 $325K$384.2K
+18.2%
3 $374.5K$363.9K
-2.8%
4 $582.5K$750K
+28.8%
5+ --
N/A

Summary: Heathsville 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 increased by 18.2%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes increased by 28.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Reedville
+16.5%
Lancaster
+8.4%
Heathsville
+4.3%

Housing Supply in Heathsville, VA

How many homes are available in Heathsville, VA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
3752+40.5%

Summary: The Heathsville real estate market had 52 homes for sale in May 2024, a 40.5% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 3144
+41.9%
4 36
+100.0%
5+ 22
0.0%

Summary: The Heathsville 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 decreased by 100%, 3 bedroom homes increased by 41.9%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
38+166.7%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Heathsville, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Heathsville in May 2024, up by 166.7% month-over-month. Of the 8 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for Heathsville, VA

How long does it take to sell a home in Heathsville, VA?

Average Sale Time

May 2023May 2024CHANGE
22 Days28 Days+28.4%

Summary: Homes in Heathsville had an average of 28 days on market in May 2024, up by 28.4% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Heathsville are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 8 homes were sold in Heathsville; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Heathsville, VA

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