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South Side Housing Market Report June 2025•Richmond County, Virginia

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Housing Prices in South Side, VA

How much do homes in South Side, VA cost?

Housing Market Conditions

Is South Side, VA a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

South Side is a Seller's Market

Difference Since June 2024

Since last year, South Side has remained a Seller's Market.

Insight

South Side is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$339,000$226/SqFt
+$39,000
+13.0%

Based on all homes sold in the last 12 months

Insight

Homes in South Side have sold for 13% more than they did a year ago.

Summary: The median home sold price in South Side was $339,000 in June 2025, up 13% from last year, and the median price per square foot was $226.

Median Sold Price By Bedrooms

Median Sold 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.
BedsJun 2024Jun 2025Change YoY
1$250K$275K
+10.0%
2$222.5K$241.5K
+8.5%
3$299K$330K
+10.4%
4$399K$452.9K
+13.5%
5$560K$575K
+2.7%

Summary: South Side housing price by bedroom type for June 2025, compared to the previous year. The home price for 1 bedroom homes increased by +10.0%. The home price for 2 bedroom homes increased by +8.5%. The home price for 3 bedroom homes increased by +10.4%. The home price for 4 bedroom homes increased by +13.5%. The home price for 5 bedroom homes increased by +2.7%.

How does South Side, VA compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

South Side, VA

Housing supply in South Side, VA

How many homes are available in South Side, 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
408Last MonthJun 2025
3902 months agoMay 2025
+4.6 %
Change MoMMay – Jun

Summary: The South Side real estate market had 408 homes for sale in Jun 2025, a 4.6 % increase compared to May 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
101Last MonthJun 2025
1012 months agoMay 2025
0.0 %
Change MoMMay – Jun

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.
BedsMay 2025Jun 2025Change MoM
11412
-14.3%
26765
-3.0%
3200212
+6.0%
496106
+10.4%
51313
0.0%

Summary: South Side housing inventory by bedroom type for June 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -14.3%. The inventory for 2 bedroom homes decreased by -3.0%. The inventory for 3 bedroom homes increased by +6.0%. The inventory for 4 bedroom homes increased by +10.4%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in South Side, 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 Price47 Homes

At Asking Price32 Homes

Under Asking Price22 Homes

Insight

If you're buying a home in South Side, you could pay more than the asking price. 46.5% of homes here sold above asking price last month.

Summary: A total of 101 homes were sold or pending in South Side in June 2025, the same as the previous month. Of the 101 sold homes, 22% were sold under asking, 32% were sold at asking, and and 47% were sold over asking.

Days on Market for South Side, VA

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

Breakdown of Home Sale Times

Under 30 Days81 Homes

30 – 90 Days13 Homes

Over 90 Days7 Homes

Insight

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

Summary: During June 2025, 101 homes were sold in South Side; 80% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
24 DaysThis YearJun 2025
21 Days1 year agoJun 2024
+11.5 %
Change YoYJun 2024 – Jun 2025

Summary: Homes in South Side had an average listing age of 24 days in Jun 2025, up by 11.5% compared to the previous year.

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Newest Listings in South Side, VA

What homes are available in South Side, VA?

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Nearby markets

Nearby markets aren't available for South Side, VA

Popular Cities with Homes for Sale in Virginia

MLS Disclaimers and Copyright

Based on information from Central Virginia Regional MLS, BrightMLS, and Real Estate Information Network for the period 07/01/2023 - 07/01/2025

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: 7/7/2025, 12:55:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX 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: 7/7/2025, 12:55:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDXCopyright © 2025 REIN, Inc - All Rights Reserved. Information Deemed Reliable But Not Guaranteed.

The listing data relating to real estate for sale on this web site comes in part from the Real Estate Information Network Inc. (REIN) and has been authorized by participating listing Broker Members of REIN for display. REIN's listings are based upon Data submitted by its Broker Members, and REIN therefore makes no representation or warranty regarding the accuracy of the Data. All users of REIN's listings database should confirm the accuracy of the listing information directly with the listing agent.

Real estate listings held by brokerage firms other than this broker are marked by the REIN symbol; detailed information about such listings includes the names of listing brokers.

REIN's listings Data and information is protected under federal copyright laws. Federal law prohibits, among other acts, the unauthorized copying or alteration of, or preparation of derivative works from, all or any part of copyrighted materials, including certain compilations of Data and information. COPYRIGHT VIOLATORS MAY BE SUBJECT TO SEVERE FINES AND PENALTIES UNDER FEDERAL LAW.

Users of this Site are granted a limited, nonexclusive license to use the Site and its listing content for personal and noncommercial use only. Information is deemed reliable but not guaranteed. REIN has no control over the conditions under which broker member or any of the respective agents, employees, customers, clients, contractors or representatives use the sold listings information and does not and cannot warrant, and expressly disclaims any warranty with respect to, the accuracy or completeness of the sold listings information or performance or results that may be obtained by their use. You should not base any important financial decisions on this sold listings information, without independently, verifying such information, or consulting with a professional real estate broker for assistance.

Some listings may be duplicated in the search results due to the co-mingling of listings from more than one multiple listing service. Should there be different listing information between the duplicated listings, user is advised to verify the accuracy of the listing information before making any financial decisions.

Some of these listings contain enhanced listing information including mapping from sources such as Google, Bing, Microsoft, Yahoo, WalkScore and others.

Some properties which appear for sale on this website have subsequently sold or may no longer be available. REIN updates its listings on a daily basis.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/7/2025, 12:55:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.