Patrick County, VA Home Values & Market Trends

The median home price in Patrick County, VA is $148,457.43. There were 218 home sales in Patrick County, VA over the past 12 months. The median residential Patrick County, VA home value for transactions over the previous year is $149,000. The number of current listings in Patrick County, VA is 22, and the percentage of properties for sale is 22.00%. The county has 8 foreclosures, 3 bank owned properties, 5 headed for auction, and 22 properties for sale.

Patrick County, VA Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Stuart

$ 151,171

$ 78/sqft

Claudville

$ 84,065

$ 54/sqft

Ararat

$ 119,151

$ 94/sqft

Woolwine

$ --

$ --

Patrick Springs

$ 190,174

$ 96/sqft

Critz

$ --

$ --

Meadows Of Dan

$ 805,923

$ 185/sqft

Housing Market Summary for Patrick County, VA

Apr 2023March 2024Change
Median Listing Price$259.4K$131.3K-49.38%
Median Sold Price$164K$131.3K-19.92%
Homes For Sale2018-10.00%
Homes Sold9213445.65%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Patrick County, VA

Patrick County, VA home values range from $15,680 to $2,781,597. Meadows Of Dan is the priciest city with a median listing home price of $687,000, and Claudville is most affordable with average house prices of around $129,000.

Foreclosure
There are 7 cities within Patrick County, VA; within these cities, the median estimated home value for homes in foreclosure ranges from $205,577 in Woolwine to the lowest value of $46,180 in Woolwine. Foreclosure homes account for 0.00% of properties in Patrick County, VA with Patrick Springs containing 3 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Patrick County, VA with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 7 cities within Patrick County, VA; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Patrick County, VA ranges from the highest value of $46,180 in Meadows Of Dan to the lowest value of $46,180 in Woolwine. Bank owned homes and properties account for 0.03% of properties in Patrick County, VA. There are 7 cities within Patrick County, VA; Woolwine containing 1 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Patrick Springs has 2 auction properties, the highest number of properties going to auction in a single city in the state of Patrick County, VA. Auction homes and other auction properties account for 0.06% of all properties in Patrick County, VA. There are 7 cities within Patrick County, VA; of those cities, the median estimated home value for homes going to auction ranges from $122,892 in Ararat to the lowest value of $72,844 in Ararat.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.25% of residential properties in Patrick County, VA with Stuart containing 11 homes for sale, the highest number of listed properties in a single city. There are 7 cities within Patrick County, VA; homes for sale in those cities, have a range of median values from $1,341,371 in Meadows Of Dan to the lowest value of $46,661 in Stuart.
    Sold Homes
    The median value for recently sold homes ranges from $315,864 in Woolwine to the lowest price of $22,620 in Woolwine. There are 7 cities within Patrick County, VA. Stuart has 83 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.86% of properties in Patrick County, VA.

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      Guide for Patrick County, VA

      Market Reports
      Richmond Real Estate on the Rise: Property Values Up 7% from 2023 to 2024
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      Steady Growth Marks Norfolk Real Estate Landscape; Property Value Reaches $315K in March 2024
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      Chesapeake Property Values Rise 7%, Sales Dynamics Vary in Recent Analysis
      Market Reports
      Virginia Beach House Values Show Impressive Uptrend: Average Value Soars from $375k to $405k in 2023
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      Richmond Real Estate on the Rise: Property Values Up 7% from 2023 to 2024
      Market Reports|posted 1 April 2024

      Richmond’s real estate market shows consistent growth, with trends indicating increasing property values and demand.

      Steady Growth Marks Norfolk Real Estate Landscape; Property Value Reaches $315K in March 2024
      Market Reports|posted 25 March 2024

      A glance at the real estate market in Norfolk, Virginia, highlighting rising property values, increasing desirability, and trends in nearby cities.

      Chesapeake Property Values Rise 7%, Sales Dynamics Vary in Recent Analysis
      Market Reports|posted 20 March 2024

      The Chesapeake real estate market has seen steady growth in property values, increasing by 7% over 11 months.

      Virginia Beach House Values Show Impressive Uptrend: Average Value Soars from $375k to $405k in 2023
      Market Reports|posted 13 February 2024

      The property market in Virginia Beach, VA, has generally seen an increase in property values, per square foot values, and sold prices from 2022 to 2023. Factors such as economic growth and societal changes may contribute to this upward trend.

      Recently Listed Homes Patrick County, VA

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