23947 Housing Market Report February 2025Charlotte County, Virginia

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Housing Prices in 23947, VA

How much do homes in 23947, VA cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$299,824$151/SqFt
+$57,831
+23.9%

Based on all homes listed in the last 12 months

Insight

The list price of homes in 23947 has increased by 23.9% since last year.

Summary: The median home list price in 23947 was $299,824 in February 2025, up 23.9% from the previous year, and the median price per square foot was $151.

Median List Price By Zip Codes

Median List Price By Zip Codes
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
23937
+52.2%
23947
+23.9%
23954
-2.4%
23974
-9.4%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1$259.4K-
N/A
2$99.9K$139.9K
+40.0%
3$255K$284.8K
+11.7%
4$317.4K$335K
+5.5%
5-$309.9K
N/A

Summary: 23947 housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +40.0%. The home price for 3 bedroom homes increased by +11.7%. The home price for 4 bedroom homes increased by +5.5%. The home price for 5 bedroom homes did not change.

How does 23947, VA compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

23947, VA

Housing supply in 23947, VA

How many homes are available in 23947, VA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
10Last MonthFeb 2025
82 months agoJan 2025
+25.0 %
Change MoMJan – Feb

Summary: The 23947 real estate market had 10 homes for sale in Feb 2025, a 25.0 % increase compared to Jan 2025.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
100
0.0%
222
0.0%
345
+25.0%
422
0.0%
501
+100.0%

Summary: 23947 housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +25.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes increased by +100.0%.

Asking Price vs. Sold Price

How much do homes in 23947, VA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price1 Home

At Asking Price1 Home

Under Asking Price1 Home

Insight

If you're buying a home in 23947, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 23947 in February 2025, up by 100.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and and 33% were sold over asking.

Days on Market for 23947, VA

How long does it take to sell a home in 23947, VA?

Breakdown of Home Sale Times

Under 30 Days2 Homes

30 – 90 Days0 Home

Over 90 Days0 Home

Insight

Many homes in 23947 are selling fast, if you're buying plan to act quickly.

Summary: During February 2025, 3 homes were sold in 23947; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
152 DaysThis YearFeb 2025
146 Days1 year agoFeb 2024
+4.3 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in 23947 had an average listing age of 152 days in Feb 2025, up by 4.3% compared to the previous year.

Newest Listings in 23947, VA

What homes are available in 23947, VA?

Nearby markets

MLS Disclaimers and Copyright

Based on information from Central Virginia Regional MLS, and Lynchburg MLS for the period 03/01/2023 - 03/01/2025

IDX All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service,LLC. All rights reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 12:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Information is provided by the Lynchburg Association of REALTORS®. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2025 Lynchburg Association of REALTORS®. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 12:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.