Is Acquinton, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Acquinton was a Seller's Market.
Housing Prices in Acquinton, VA
How much do homes in Acquinton, VA cost?
Median Sold Price
$344,900
$209/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Acquinton was $344,900 in May 2024, up 7.8% from last year, and the median price per square foot was $209.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $165K | N/A |
2 Bedrooms | $277.5K | $285K | +2.7% |
3 Bedrooms | $314.9K | $334.6K | +6.2% |
4 Bedrooms | $357.6K | $350K | -2.1% |
5+ Bedrooms | $409.2K | $438.9K | +7.3% |
Summary: Acquinton 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 2.7%, 3 bedroom homes increased by 6.2%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes increased by 7.3%.
Median Sold Price Compared To Nearby Cities
Saint Stephens Church | $242.5K | $321.6K | +32.6% |
Acquinton | $320K | $344.9K | +7.8% |
King William | $319K | $333.2K | +4.5% |
Housing Supply in Acquinton, VA
How many homes are available in Acquinton, VA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
93 | 103 | +10.8% |
Summary: The Acquinton real estate market had 103 homes for sale in May 2024, a 10.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 8 | +14.3% |
3 Bedrooms | 43 | 52 | +20.9% |
4 Bedrooms | 26 | 29 | +11.5% |
5+ Bedrooms | 17 | 14 | -17.6% |
Summary: The Acquinton 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 increased by 14.3%, 3 bedroom homes increased by 20.9%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes decreased by 17.6%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
8 | 8 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Acquinton in May 2024, the same as the previous month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% were sold over asking.
Days on Market for Acquinton, VA
How long does it take to sell a home in Acquinton, VA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
8 Days | 29 Days | +260.6% |
Summary: Homes in Acquinton had an average of 29 days on market in May 2024, up by 260.6% 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
Summary: During May 2024, 8 homes were sold in Acquinton; 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.