$4,512 Closing Credit¹
Dorelba Maria Estrada, Listing Office: New Home Star Virginia, LLC
Millwood Housing Market Report December 2024•Clarke County, Virginia
Housing Prices in Millwood, VA
How much do homes in Millwood, VA cost?
Housing Market Conditions
Is Millwood, VA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Millwood is a Seller's Market
Difference Since November 2024
Last month, Millwood has remained a Seller's Market.
Insight
Millwood is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$450,000$301/SqFt
-$170,000
-27.4%
Based on all homes sold in December 2024
Insight
Homes in Millwood have sold for 27.4% less than they did a month ago.
Summary: The median home sold price in Millwood was $450,000 in December 2024, down 27.4% from last month, and the median price per square foot was $301.
Median Sold Price By City
| City | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| Berryville | $660K | $510K | -22.7% |
| Millwood | $620K | $450K | -27.4% |
Median Sold Price By Bedrooms
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | - | $332.5K | N/A |
| 22 Bedrooms | - | - | N/A |
| 33 Bedrooms | $579.9K | $450K | -22.4% |
| 44 Bedrooms | $620K | - | N/A |
| 55+ Bedrooms | - | $735K | N/A |
Summary: Millwood housing price by bedroom type for December 2024, compared to the previous month. 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 decreased by -22.4%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.
Housing supply in Millwood, VA
How many homes are available in Millwood, VA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 11Last MonthDec 2024 | ||
| 132 months agoNov 2024 | -15.4 % Change MoMNov – Dec |
Summary: The Millwood real estate market had 11 homes for sale in Dec 2024, a 15.4 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 5Last MonthDec 2024 | ||
| 32 months agoNov 2024 | +66.7 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 2 | +100.0% |
| 22 Bedrooms | 1 | 1 | 0.0% |
| 33 Bedrooms | 6 | 4 | -33.3% |
| 44 Bedrooms | 2 | 1 | -50.0% |
| 55+ Bedrooms | 3 | 3 | 0.0% |
Summary: Millwood housing inventory by bedroom type for December 2024, 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 decreased by -33.3%. The inventory for 4 bedroom homes decreased by -50.0%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Millwood, VA cost?
Over Asking Price1 Home
At Asking Price0 Home
Under Asking Price4 Homes
Insight
If you're buying a home in Millwood, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Millwood in December 2024, up by 66.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and and 20% were sold over asking.
Days on Market for Millwood, VA
How long does it take to sell a home in Millwood, VA?
Breakdown of Home Sale Times
Under 30 Days2 Homes
30 – 90 Days1 Home
Over 90 Days2 Homes
Insight
Many homes in Millwood are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 5 homes were sold in Millwood; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
Average Sale Time
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 75 DaysLast MonthDec 2024 | ||
| 7 Days1 month agoNov 2024 | +886.1 % Change MoMNov – Dec |
Summary: Homes in Millwood had an average listing age of 75 days in Dec 2024, up by 886.1% compared to the previous month.
Connect With An Agent
Local real estate agents are ready to help you find a home here
Sell My Home
Sell your home with an expert or get the job done on your own.
Get Approved
Get a customizable mortgage solution based on today's rates.
Newest Listings in Millwood, VA
What homes are available in Millwood, VA?
Cricket Bedford, Listing Office: Thomas and Talbot Estate Properties, Inc.
$9,488 Closing Credit¹
Jeffrey Stack, Listing Office: CENTURY 21 New Millennium
$10,000 Closing Credit¹
Shannon E Casey, Listing Office: Corcoran McEnearney
Anne W McIntosh, Listing Office: Corcoran McEnearney
$10,000 Closing Credit¹
Cary H Embury, Listing Office: Thomas and Talbot Estate Properties, Inc.
Backup offers
Juanita A Tool, Listing Office: Corcoran McEnearney
Jim Thomson, Listing Office: Realty ONE Group Old Towne
Nearby markets
Popular Cities with Homes for Sale in Virginia
- Homes for sale in Alexandria, VA
- Homes for sale in Charlottesville, VA
- Homes for sale in Chesapeake, VA
- Homes for sale in Fairfax, VA
- Homes for sale in Fredericksburg, VA
- Homes for sale in Gainesville, VA
- Homes for sale in Hampton, VA
- Homes for sale in Leesburg, VA
- Homes for sale in Lynchburg, VA
- Homes for sale in Manassas, VA
- Homes for sale in Midlothian, VA
- Homes for sale in Newport News, VA
- Homes for sale in Norfolk, VA
- Homes for sale in Richmond, VA
- Homes for sale in Roanoke, VA
- Homes for sale in Salem, VA
- Homes for sale in Stafford, VA
- Homes for sale in Suffolk, VA
- Homes for sale in Williamsburg, VA
- Homes for sale in Winchester, VA
- Homes for sale in Woodbridge, VA
MLS Disclaimers and Copyright
Based on information from BrightMLS, for the period 11/01/2024 - 01/01/2025
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: 1/29/2025, 4:21:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.