Magruder Area Housing Market Report January 2025Hampton County, Virginia

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Housing Prices in Magruder Area, VA

How much do homes in Magruder Area, 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.
$325,000$173/SqFt
+$34,500
+11.9%

Based on all homes listed in January 2025

Insight

The list price of homes in Magruder Area has increased by 11.9% since December.

Summary: The median home list price in Magruder Area was $325,000 in January 2025, up 11.9% from the previous month, and the median price per square foot was $173.

Median List Price By City

Median List Price By City
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
Magruder Area
+11.9%
Summer Place
0.0%
Baker Farm at Wythe Creek
-5.1%

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.
BedsDec 2024Jan 2025Change YoY
1--
N/A
2$215K$215K
0.0%
3$289K$294.5K
+1.9%
4$335K$345K
+3.0%
5$335K$349K
+4.2%

Summary: Magruder Area 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 2 bedroom homes did not change. The home price for 3 bedroom homes increased by +1.9%. The home price for 4 bedroom homes increased by +3.0%. The home price for 5 bedroom homes increased by +4.2%.

Housing supply in Magruder Area, VA

How many homes are available in Magruder Area, 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
33Last MonthJan 2025
262 months agoDec 2024
+26.9 %
Change MoMDec – Jan

Summary: The Magruder Area real estate market had 33 homes for sale in Jan 2025, a 26.9 % increase compared to Dec 2024.

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.
BedsDec 2024Jan 2025Change MoM
100
0.0%
245
+25.0%
31116
+45.5%
487
-12.5%
535
+66.7%

Summary: Magruder Area 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 2 bedroom homes increased by +25.0%. The inventory for 3 bedroom homes increased by +45.5%. The inventory for 4 bedroom homes decreased by -12.5%. The inventory for 5 bedroom homes increased by +66.7%.

Asking Price vs. Sold Price

How much do homes in Magruder Area, 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 Price0 Home

At Asking Price1 Home

Under Asking Price0 Home

Insight

If you're buying a home in Magruder Area, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 7 homes were sold or pending in Magruder Area in January 2025, up by 16.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and and 0% were sold over asking.

Days on Market for Magruder Area, VA

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

Breakdown of Home Sale Times

Under 30 Days6 Homes

30 – 90 Days1 Home

Over 90 Days0 Home

Insight

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

Summary: During January 2025, 7 homes were sold in Magruder Area; 86% of homes were sold within 30 days, 14% 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.
Last Month1 month agoChange MoM
78 DaysLast MonthJan 2025
83 Days1 month agoDec 2024
-6.4 %
Change MoMDec – Jan

Summary: Homes in Magruder Area had an average listing age of 78 days in Jan 2025, down by 6.4% compared to the previous month.

Newest Listings in Magruder Area, VA

What homes are available in Magruder Area, VA?

Nearby markets

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Last updated on: 2/6/2025, 1:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.