$3,432 Closing Credit¹
CONNIE PILLER, Listing Office: DOGWOOD REALTY GROUP LLC
South River Housing Market Report December 2024•Augusta County, Virginia
Housing Prices in South River, VA
How much do homes in South River, VA cost?
Median List Price
$395,000$202/SqFt
-$83,900
-17.5%
Based on all homes listed in the last 12 months
Insight
The list price of homes in South River has decreased by 17.5% since last year.
Summary: The median home list price in South River was $395,000 in December 2024, down 17.5% from the previous year, and the median price per square foot was $202.
Median List Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| Nellysford | $579K | $575K | -0.7% |
| North | $509.9K | $475K | -6.9% |
| Stuarts Draft | $371K | $335K | -9.7% |
| South River | $478.9K | $395K | -17.5% |
Median List Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $175K | - | N/A |
| 22 Bedrooms | - | $339.9K | N/A |
| 33 Bedrooms | $371K | $350K | -5.7% |
| 44 Bedrooms | $597.5K | $475K | -20.5% |
| 55+ Bedrooms | $679K | $685K | +0.9% |
Summary: South River housing price by bedroom type for December 2024, 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 decreased by -5.7%. The home price for 4 bedroom homes decreased by -20.5%. The home price for 5 bedroom homes increased by +0.9%.
Housing supply in South River, VA
How many homes are available in South River, VA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 10Last MonthDec 2024 | ||
| 82 months agoNov 2024 | +25.0 % Change MoMNov – Dec |
Summary: The South River real estate market had 10 homes for sale in Dec 2024, a 25.0 % increase compared to Nov 2024.
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 0 | 0 | 0.0% |
| 33 Bedrooms | 4 | 5 | +25.0% |
| 44 Bedrooms | 2 | 3 | +50.0% |
| 55+ Bedrooms | 2 | 2 | 0.0% |
Summary: South River housing inventory by bedroom type for December 2024, 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 +25.0%. The inventory for 4 bedroom homes increased by +50.0%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in South River, VA cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price2 Homes
Insight
If you're buying a home in South River, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in South River in December 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for South River, VA
How long does it take to sell a home in South River, VA?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days2 Homes
Over 90 Days0 Home
Insight
Avg time on Rocket Homes in South River has remained consistent over time.
Summary: During December 2024, 2 homes were sold in South River; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Listing Age
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 88 DaysThis YearDec 2024 | ||
| 117 Days1 year agoDec 2023 | -24.4 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in South River had an average listing age of 88 days in Dec 2024, down by 24.4% compared to the previous year.
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Newest Listings in South River, VA
What homes are available in South River, VA?
$4,738 Closing Credit¹
DEBBIE KENT, Listing Office: COTTAGE STREET REALTY, LLC
Video tour
$10,000 Closing Credit¹
TIM MERRICK, Listing Office: WINTERGREEN REALTY, LLC
Video tour
$6,828 Closing Credit¹
WAYNE FLOOD, Listing Office: WINTERGREEN REALTY, LLC
MARLO ALLEN, Listing Office: MOUNTAIN AREA NEST REALTY
$4,738 Closing Credit¹
WHITNEY JORDAN, Listing Office: EXP REALTY LLC - FREDERICKSBURG
MICHAEL WOOLARD, Listing Office: RE/MAX REALTY SPECIALISTS-CROZET
Backup offers
Lauren S Reed, Listing Office: Funkhouser Real Estate Group
Video tour
CHASTITY MORGAN, Listing Office: MOUNTAIN AREA NEST REALTY
KYLE LYNN, Listing Office: WINTERGREEN REALTY, LLC
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MLS Disclaimers and Copyright
Based on information from BrightMLS, and Charlottesville Area Association of Realtors MLS for the period 01/01/2023 - 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: 1/19/2025, 5:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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: 1/19/2025, 5:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.