South Hill Housing Market Report January 2025•Mecklenburg County, Virginia

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Housing Prices in South Hill, VA

How much do homes in South Hill, 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.
$307,450$165/SqFt
+$7,550
+2.5%

Based on all homes listed in January 2025

Insight

The list price of homes in South Hill has increased by 2.5% since December.

Summary: The median home list price in South Hill was $307,450 in January 2025, up 2.5% from the previous month, and the median price per square foot was $165.

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
South Hill
+2.5%
La Crosse
+0.7%

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--
N/A
3$307.4K$315K
+2.5%
4$229.5K$229.5K
0.0%
5--
N/A

Summary: South Hill 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 +2.5%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

Housing supply in South Hill, VA

How many homes are available in South Hill, 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
4Last MonthJan 2025
32 months agoDec 2024
+33.3 %
Change MoMDec – Jan

Summary: The South Hill real estate market had 4 homes for sale in Jan 2025, a 33.3 % 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%
200
0.0%
323
+50.0%
411
0.0%
500
0.0%

Summary: South Hill 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 remained the same. The inventory for 3 bedroom homes increased by +50.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in South Hill, 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 Price0 Home

Under Asking Price1 Home

Insight

If you're buying a home in South Hill, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in South Hill in January 2025, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.

Days on Market for South Hill, VA

How long does it take to sell a home in South Hill, VA?

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days0 Home

Over 90 Days0 Home

Insight

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

Summary: During January 2025, 1 homes were sold in South Hill; 100% of homes were sold within 30 days, 0% 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
91 DaysLast MonthJan 2025
95 Days1 month agoDec 2024
-3.4 %
Change MoMDec – Jan

Summary: Homes in South Hill had an average listing age of 91 days in Jan 2025, down by 3.4% compared to the previous month.

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Newest Listings in South Hill, VA

What homes are available in South Hill, VA?

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Nearby markets

Nearby markets aren't available for South Hill, VA

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MLS Disclaimers and Copyright

Based on information from Central Virginia Regional MLS, for the period 12/01/2024 - 02/01/2025

IDX 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 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, 8:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.