New - 22 hours on Rocket
$5,225 Closing Credit¹
#2502632, Dustin Olverson, Listing Office: EXP Realty LLC
Prince George Housing Market Report January 2025•Prince George County, Virginia
Housing Prices in Prince George, VA
How much do homes in Prince George, VA cost?
Housing Market Conditions
Is Prince George, VA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Prince George is a Seller's Market
Difference Since January 2024
Since last year, Prince George has remained a Seller's Market.
Insight
Prince George is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$335,000$185/SqFt
+$10,000
+3.1%
Based on all homes sold in the last 12 months
Insight
Homes in Prince George have sold for 3.1% more than they did a year ago.
Summary: The median home sold price in Prince George was $335,000 in January 2025, up 3.1% from last year, and the median price per square foot was $185.
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $237.4K | $160K | -32.6% |
| 33 Bedrooms | $300K | $313K | +4.3% |
| 44 Bedrooms | $341.8K | $350K | +2.4% |
| 55+ Bedrooms | $409K | $406K | -0.7% |
Summary: Prince George 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 decreased by -32.6%. The home price for 3 bedroom homes increased by +4.3%. The home price for 4 bedroom homes increased by +2.4%. The home price for 5 bedroom homes decreased by -0.7%.
Housing supply in Prince George, VA
How many homes are available in Prince George, VA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 31Last MonthJan 2025 | ||
| 352 months agoDec 2024 | -11.4 % Change MoMDec – Jan |
Summary: The Prince George real estate market had 31 homes for sale in Jan 2025, a 11.4 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 14Last MonthJan 2025 | ||
| 92 months agoDec 2024 | +55.6 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 2 | 0 | -100.0% |
| 33 Bedrooms | 15 | 16 | +6.7% |
| 44 Bedrooms | 16 | 13 | -18.8% |
| 55+ Bedrooms | 2 | 2 | 0.0% |
Summary: Prince George 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 decreased by -100.0%. The inventory for 3 bedroom homes increased by +6.7%. The inventory for 4 bedroom homes decreased by -18.8%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Prince George, VA cost?
Over Asking Price4 Homes
At Asking Price3 Homes
Under Asking Price7 Homes
Insight
If you're buying a home in Prince George, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Prince George in January 2025, up by 55.6% month-over-month. Of the 14 sold homes, 50% were sold under asking, 21% were sold at asking, and and 29% were sold over asking.
Days on Market for Prince George, VA
How long does it take to sell a home in Prince George, VA?
Breakdown of Home Sale Times
Under 30 Days8 Homes
30 – 90 Days6 Homes
Over 90 Days0 Home
Insight
Many homes in Prince George are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 14 homes were sold in Prince George; 57% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 24 DaysThis YearJan 2025 | ||
| 10 Days1 year agoJan 2024 | +124.3 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Prince George had an average listing age of 24 days in Jan 2025, up by 124.3% compared to the previous year.
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Newest Listings in Prince George, VA
What homes are available in Prince George, VA?
New - 4 days on Rocket
$4,750 Closing Credit¹
#2502644, John Thiel, Listing Office: Long & Foster REALTORS
$3,503 Closing Credit¹
#2500106, Aaron Bryant, Listing Office: Prince George Realty
$4,144 Closing Credit¹
#2430551, Stella Stanley, Listing Office: Signature Properties
$10,000 Closing Credit¹
#2425608, Carlton Joyner, Listing Office: Century 21 All American
$4,501 Closing Credit¹
#2424620, Jerome Turner, Listing Office: Real Broker LLC
$4,162 Closing Credit¹
#2419675, Jeff Wade, Listing Office: Metro Realty Services Inc
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MLS Disclaimers and Copyright
Based on information from Central Virginia Regional MLS, for the period 02/01/2023 - 02/01/2025
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: 2/6/2025, 11:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.