Housing Prices in Kempsville, VA

How much do homes in Kempsville, VA cost?

Median List Price

$370,000

$208/sqft

Based on all homes listed in May 2024.

Difference Since Last Month

+$22,500(+6.5%)

Key Takeaway

The list price of homes in Kempsville has increased by 6.5% since April.

Summary: The median home list price in Kempsville was $370,000 in May 2024, up 6.5% from the previous month, and the median price per square foot was $208.

Median List Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 $155K$155K
0.0%
2 $282.5K$284.9K
+0.9%
3 $315.3K$329.9K
+4.6%
4 $420K$425K
+1.2%
5+ $534K$565K
+5.8%

Summary: Kempsville housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.9%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes increased by 5.8%.

Median List Price Compared To Nearby Neighborhoods

Easton Forest
+7.9%
Kempsville
+6.5%
Pembroke
+2.4%

Housing Supply in Kempsville, VA

How many homes are available in Kempsville, VA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
132149+12.9%

Summary: The Kempsville real estate market had 149 homes for sale in May 2024, a 12.9% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 11
0.0%
2 1219
+58.3%
3 6060
0.0%
4 4551
+13.3%
5+ 1418
+28.6%

Summary: The Kempsville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 58.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 28.6%.

Days on Market for Kempsville, VA

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

Average Listing Age

Apr 2024May 2024CHANGE
50 Days43 Days-15.4%

Summary: Homes in Kempsville had an average listing age of 43 days in May 2024, down by 15.4% compared to the previous month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Kempsville, VA

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