2 days on Rocket
$5,105 Closing Credit¹
#359739, Mike Osei Jr., Listing office: Long & Foster-Forest
Concord Housing Market Report May 2025•Campbell County, Virginia
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?
Seller'sMarket
Buyer'sMarket
Concord is a Neutral Market
Difference Since May 2024
At the same time last year, Concord was a Seller's Market.
Insight
Concord is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Median Sold Price
$300,000$178/SqFt
+$20,050
+7.2%
Based on all homes sold in the last 12 months
Insight
Homes in Concord have sold for 7.2% more than they did a year ago.
Summary: The median home sold price in Concord was $300,000 in May 2025, up 7.2% from last year, and the median price per square foot was $178.
Median Sold Price By Bedrooms
| Beds | May 2024 | May 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | $262.5K | N/A |
| 22 Bedrooms | $210K | $250K | +19.0% |
| 33 Bedrooms | $284.9K | $299K | +4.9% |
| 44 Bedrooms | $349.9K | $374.9K | +7.2% |
| 55+ Bedrooms | $424.9K | $399.9K | -5.9% |
Summary: Concord housing price by bedroom type for May 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 +19.0%. The home price for 3 bedroom homes increased by +4.9%. The home price for 4 bedroom homes increased by +7.2%. The home price for 5 bedroom homes decreased by -5.9%.
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
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 38Last MonthMay 2025 | ||
| 362 months agoApr 2025 | +5.6 % Change MoMApr – May |
Summary: The Concord real estate market had 38 homes for sale in May 2025, a 5.6 % increase compared to Apr 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 6Last MonthMay 2025 | ||
| 112 months agoApr 2025 | -45.5 % Change MoMApr – May |
Homes For Sale By Bedroom Count
| Beds | Apr 2025 | May 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 0 | -100.0% |
| 22 Bedrooms | 5 | 6 | +20.0% |
| 33 Bedrooms | 24 | 27 | +12.5% |
| 44 Bedrooms | 5 | 2 | -60.0% |
| 55+ Bedrooms | 1 | 3 | +200.0% |
Summary: Concord housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -100.0%. The inventory for 2 bedroom homes increased by +20.0%. The inventory for 3 bedroom homes increased by +12.5%. The inventory for 4 bedroom homes decreased by -60.0%. The inventory for 5 bedroom homes increased by +200.0%.
Asking Price vs. Sold Price
How much do homes in Concord, VA cost?
Over Asking Price1 Home
At Asking Price4 Homes
Under Asking Price1 Home
Insight
If you're buying a home in Concord, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 6 homes were sold or pending in Concord in May 2025, down by 45.5% month-over-month. Of the 6 sold homes, 17% were sold under asking, 67% were sold at asking, and and 17% 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 Days4 Homes
30 – 90 Days0 Home
Over 90 Days2 Homes
Insight
Many homes in Concord are selling fast, if you're buying plan to act quickly.
Summary: During May 2025, 6 homes were sold in Concord; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 45 DaysThis YearMay 2025 | ||
| 28 Days1 year agoMay 2024 | +62.5 % Change YoYMay 2024 – May 2025 |
Summary: Homes in Concord had an average listing age of 45 days in May 2025, up by 62.5% compared to the previous year.
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Newest Listings in Concord, VA
What homes are available in Concord, VA?
4 days on Rocket
$4,036 Closing Credit¹
#359606, Crysty Knowles, Listing office: Lynchburgs Finest Team LLC
$3,562 Closing Credit¹
#359613, James Harrington, Listing office: City Properties 2 LLC
$2,789 Closing Credit¹
#359541, Jake Cox, Listing office: Elite Realty
$3,432 Closing Credit¹
#359425, Amber Magalis, Listing office: Keller Williams
$2,820 Closing Credit¹
#359287, Angie G Holt, Listing office: Key to Your Heart Realty
$2,968 Closing Credit¹
#359073, Cayla McHaney, Listing office: eXp Realty LLC-Lynchburg
$6,530 Closing Credit¹
#358930, Rikki Cheatham, Listing office: Elite Realty
$4,572 Closing Credit¹
#358944, Mike Guess, Listing office: New Leaf Real Estate LLC
#358524, Michelle Ford, Listing office: Century 21 ALL-SERVICE-APP
$3,675 Closing Credit¹
#358275, Kristen L Massie, Listing office: KW Metro Center
$4,511 Closing Credit¹
#358134, Ann M Parnell, Listing office: Dewitt Real Estate & Auction
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MLS Disclaimers and Copyright
Based on information from Lynchburg MLS, Central Virginia Regional MLS, and Real Estate Information Network for the period 06/01/2023 - 06/01/2025
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: 6/9/2025, 10:45:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/9/2025, 10:45:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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 reservedData displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/9/2025, 10:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Last updated on: 6/9/2025, 10:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.