Coming soon
$4,155 Closing Credit¹
#VAMA2002030, Julia Foard Lynch, Listing Office: CENTURY 21 New Millennium
Locust Dale Housing Market Report January 2025•Madison County, Virginia
Housing Prices in Locust Dale, VA
How much do homes in Locust Dale, VA cost?
Housing Market Conditions
Is Locust Dale, VA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Locust Dale is a Seller's Market
Difference Since January 2024
Since last year, Locust Dale has remained a Seller's Market.
Insight
Locust Dale is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$429,900$273/SqFt
+$64,450
+17.6%
Based on all homes sold in the last 12 months
Insight
Homes in Locust Dale have sold for 17.6% more than they did a year ago.
Summary: The median home sold price in Locust Dale was $429,900 in January 2025, up 17.6% from last year, and the median price per square foot was $273.
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | $426.4K | N/A |
| 33 Bedrooms | $355.9K | $429K | +20.5% |
| 44 Bedrooms | $385K | $605K | +57.1% |
| 55+ Bedrooms | $500K | $425K | -15.0% |
| 22 Bedrooms | $245K | $244K | -0.4% |
Summary: Locust Dale housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 3 bedroom homes increased by +20.5%. The home price for 4 bedroom homes increased by +57.1%. The home price for 5 bedroom homes decreased by -15.0%. The home price for 2 bedroom homes decreased by -0.4%.
Housing supply in Locust Dale, VA
How many homes are available in Locust Dale, VA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 22Last MonthJan 2025 | ||
| 212 months agoDec 2024 | +4.8 % Change MoMDec – Jan |
Summary: The Locust Dale real estate market had 22 homes for sale in Jan 2025, a 4.8 % increase compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 4Last MonthJan 2025 | ||
| 42 months agoDec 2024 | 0.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 33 Bedrooms | 15 | 16 | +6.7% |
| 44 Bedrooms | 4 | 3 | -25.0% |
| 55+ Bedrooms | 2 | 2 | 0.0% |
| 22 Bedrooms | 0 | 1 | +100.0% |
Summary: Locust Dale housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +6.7%. The inventory for 4 bedroom homes decreased by -25.0%. The inventory for 5 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +100.0%.
Asking Price vs. Sold Price
How much do homes in Locust Dale, VA cost?
Over Asking Price2 Homes
At Asking Price0 Home
Under Asking Price2 Homes
Insight
If you're buying a home in Locust Dale, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Locust Dale in January 2025, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and and 50% were sold over asking.
Days on Market for Locust Dale, VA
How long does it take to sell a home in Locust Dale, VA?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days1 Home
Over 90 Days2 Homes
Insight
Most homes in Locust Dale are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During January 2025, 4 homes were sold in Locust Dale; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 123 DaysThis YearJan 2025 | ||
| 16 Days1 year agoJan 2024 | +647.0 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Locust Dale had an average listing age of 123 days in Jan 2025, up by 647.0% compared to the previous year.
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Newest Listings in Locust Dale, VA
What homes are available in Locust Dale, VA?
New - 2 days on Rocket
$5,343 Closing Credit¹
#VAMA2002034, Cindy Reed, Listing Office: EXP Realty, LLC
New - 3 days on Rocket
$5,807 Closing Credit¹
#VAMA2002028, Carl Broyles, Listing Office: Montague, Miller & Company
#2501039, Cindy Joskowiak, Listing Office: NextHome Premier Properties & Estates
#2501051, Cindy Joskowiak, Listing Office: NextHome Premier Properties & Estates
#660037, JUSTIN H. WILEY, Listing Office: WILEY REAL ESTATE-ORANGE
#VAMA2002012, Carrie Brown, Listing Office: Montague, Miller & Company
#VAMA2002012, Carrie A Brown, Listing Office: Montague, Miller & Company
#VAMA2001998, Cynthia Bailey, Listing Office: Long & Foster Real Estate, Inc.
$4,156 Closing Credit¹
#VAMA2002000, Christopher Tate, Listing Office: EXIT Elite Realty
#VAMA2001998, Cynthia Bailey, Listing Office: Long & Foster Real Estate, Inc.
$5,106 Closing Credit¹
#VAMA2001994, Sheila Hensley, Listing Office: Samson Properties
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MLS Disclaimers and Copyright
Based on information from Charlottesville Area Association of Realtors MLS, BrightMLS, and Central Virginia Regional MLS for the period 02/01/2023 - 02/01/2025
Information is provided by Charlottesville Area Association of Realtors®. IDX 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. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. Copyright © 2025 Charlottesville Area 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: 2/1/2025, 7:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. 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: 2/1/2025, 7:20:54 PM 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: 2/1/2025, 7:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.