Concord Housing Market Report March 2025•Campbell County, Virginia

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Housing Prices in Concord, VA

How much do homes in Concord, VA cost?

Housing Market Conditions

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

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Concord is a Seller's Market

Difference Since March 2024

Since last year, Concord has remained a Seller's Market.

Insight

Concord is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$309,450$178/SqFt
+$34,450
+12.5%

Based on all homes sold in the last 12 months

Insight

Homes in Concord have sold for 12.5% more than they did a year ago.

Summary: The median home sold price in Concord was $309,450 in March 2025, up 12.5% from last year, and the median price per square foot was $178.

Median Sold Price By Cities

Median Sold Price By Cities
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
Concord
+12.5%
Rustburg
+10.3%
Lynchburg
+8.5%
Lynchburg
+8.5%
Seneca
+3.6%

Median Sold Price By Bedrooms

Median Sold 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.
BedsMar 2024Mar 2025Change YoY
1$475K$425K
-10.5%
2$213.9K$227.5K
+6.3%
3$284.9K$299K
+4.9%
4$330K$380K
+15.2%
5$624.9K$395K
-36.8%

Summary: Concord housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -10.5%. The home price for 2 bedroom homes increased by +6.3%. The home price for 3 bedroom homes increased by +4.9%. The home price for 4 bedroom homes increased by +15.2%. The home price for 5 bedroom homes decreased by -36.8%.

How does Concord, VA compare with other places?

Market comparison tool

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

Concord, VA

Housing supply in Concord, VA

How many homes are available in Concord, 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
39Last MonthMar 2025
312 months agoFeb 2025
+25.8 %
Change MoMFeb – Mar

Summary: The Concord real estate market had 39 homes for sale in Mar 2025, a 25.8 % increase compared to Feb 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
12Last MonthMar 2025
62 months agoFeb 2025
+100.0 %
Change MoMFeb – Mar

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.
BedsFeb 2025Mar 2025Change MoM
101
+100.0%
288
0.0%
31724
+41.2%
445
+25.0%
521
-50.0%

Summary: Concord housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +41.2%. The inventory for 4 bedroom homes increased by +25.0%. The inventory for 5 bedroom homes decreased by -50.0%.

Asking Price vs. Sold Price

How much do homes in Concord, 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 Price3 Homes

At Asking Price3 Homes

Under Asking Price6 Homes

Insight

If you're buying a home in Concord, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Concord in March 2025, up by 100.0% month-over-month. Of the 12 sold homes, 50% were sold under asking, 25% were sold at asking, and and 25% were sold over asking.

Days on Market for Concord, VA

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

Breakdown of Home Sale Times

Under 30 Days10 Homes

30 – 90 Days1 Home

Over 90 Days1 Home

Insight

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

Summary: During March 2025, 12 homes were sold in Concord; 83% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
21 DaysThis YearMar 2025
77 Days1 year agoMar 2024
-72.5 %
Change YoYMar 2024 – Mar 2025

Summary: Homes in Concord had an average listing age of 21 days in Mar 2025, down by 72.5% compared to the previous year.

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Newest Listings in Concord, VA

What homes are available in Concord, VA?

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Nearby markets

Popular Cities with Homes for Sale in Virginia

MLS Disclaimers and Copyright

Based on information from Lynchburg MLS, Central Virginia Regional MLS, and Real Estate Information Network for the period 04/01/2023 - 04/01/2025

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: 4/9/2025, 9:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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: 4/9/2025, 9:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Some properties which appear for sale on this website have subsequently sold or may no longer be available. REIN updates its listings on a daily basis.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/9/2025, 9:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.