Across Virginia, the housing market continues to perform well, though inventory levels remain frighteningly low in many local markets. For a real scare this Halloween, we wanted to check out home sales activity in some of the Commonwealth’s most “haunting” communities. Where are Virginia’s spookiest housing markets?
- In Goblintown, Virginia (zip code 24171), located in Patrick County along the North Carolina border, there have been just five home sales in the first nine months of 2020. However, at the end of September there were 74 listings available for sale, and the year-to-date median sales price was just $215,000, which is a third lower than the statewide median home price.
- If goblins are not your thing at Halloween, then you can head to Pumpkin Center, Virginia (zip code 24315) in Bland County. This year, there have been five homes sold in Pumpkin Center, with a median sales price of $159,800. It is a buyer’s market in Pumpkin Center, where there were 21.5 months of supply available at the end of September and homes took an average of 265 days to sell.
- For somewhere completely different, you could drive 400 miles east to Little Hell (zip code 23410). Located in Accomack County on Virginia’s Eastern Shore, there were just two home sales this year in Little Hell and the median sales price was $185,000. However, there was some scary upward pressure on prices this year, as the average sold-to-list price ratio in Little Hell was 101.8%.
- Finally on our list of spookiest housing markets, this Halloween you might head to Screamersville (zip code 23836) in Chesterfield County. Located about 6 miles north of Hopewell, the housing market in Screamersville has been formidable. There were 27 total sales in the first nine months of 2020, up from 16 sales over the same period last year. The median sales price was $348,194, slightly above the statewide median sales price. Inventory is being snatched up quickly in Screamersville. There were 48 active listings at the end of September, just 2.1 months of supply. Homes have been selling in average of just 14 days in 2020, down from 45 days in 2019.