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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Quinton is a neutral's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

Quinton 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 Quinton, VA

How much do homes in Quinton, VA cost?

Median Sold Price

$385,000

$197/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$14,490(-3.6%)

Key Takeaway

Homes in Quinton have sold for 3.6% less than they did a year ago.

Summary: The median home sold price in Quinton was $385,000 in May 2024, down 3.6% from last year, and the median price per square foot was $197.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $286.2K$199.9K
-30.1%
3 $340K$359.9K
+5.9%
4 $439.4K$430K
-2.1%
5+ $497.9K$506K
+1.6%

Summary: Quinton 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 decreased by 30.1%, 3 bedroom homes increased by 5.9%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes increased by 1.6%.

Median Sold Price Compared To Nearby Cities

Sandston
+7.6%
Providence Forge
+4.8%
New Kent
+2.7%
Cold Harbor
-2.6%
Quinton
-3.6%

Housing Supply in Quinton, VA

How many homes are available in Quinton, VA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
4349+14.0%

Summary: The Quinton real estate market had 49 homes for sale in May 2024, a 14.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 1918
-5.3%
4 1319
+46.2%
5+ 1010
0.0%

Summary: The Quinton 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 100%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes increased by 46.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
107-30.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Quinton, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in Quinton in May 2024, down by 30.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for Quinton, VA

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

Average Sale Time

May 2023May 2024CHANGE
21 Days35 Days+65.5%

Summary: Homes in Quinton had an average of 35 days on market in May 2024, up by 65.5% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 7 homes were sold in Quinton; 57% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 0% 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 2 Days Ago

Newest Listings in Quinton, VA

Nearby Markets to Quinton, VA

What housing markets are near Quinton, VA?