April 2025 Market Recap

What do the April 2025 market trends mean...

Author

Chase Gentry
May 05, 2025

Hey! here’s a breakdown of April 2025’s market all around central VA in comparison to April of 2024. I Hope you find this information helpful. Use the table of contents below to quickly find your market. 👇

Table of Contents

Harrisonburg VA

In the month of April Harrisonburg had 17 properties close with an average sales price of $344,047 which is a 7.66% increase in property values from April 2024. Homes this April have also sold much faster compared to April with the average days on market dropping from 37 days last year to just 16 days this year! That’s a 56.75% decrease for how long homes are sitting on the market before accepting an offer. Due to the ever present lack of inventory it’s still a great time to be a seller in Harrisonburg VA.

Rockingham County VA

Last month there was a total of 83 homes that closed in Rockingham County with an average sales price of $433,950 which is a 16.46% increase from last year where the average sales price was $372,611. The value of homes around Rockingham County aren’t the only thing that’s seen an increase this April compared to last… average days on market have also went up from 27 days in 2024 to 34 days in 2025, That’s a 25.92% increase in how long its taking home owners in the County to get an offer they end up accepting.

Staunton VA

This April Staunton had 40 homes close for an average sales price of $338,939 and when compared to April of 2024 that’s a 26.88% increase from $267,118! This time last year homes took on average 21 days to get an accepted offer in Staunton, now however it takes on average 38 that’s a 80.95% increase in days on market. With April being the start of spring market when the most buyer began shopping for new homes this increase in days on market can mean one of two things. Either less buyers are out shopping this year or we have more inventory on the market giving the buyers in the area more to choose from. I’ll be keeping a close eye on this trend for Staunton, as inventory increases we begin to transition out of a sellers market and back into a neutral market.

Waynesboro VA

The average sales price for Waynesboro this April was $346,497 which is a 10.79% increase compared to April of last year, homes values continue to move up and so have the average days on market. This time last year the average days it took to get an offer accepted on a home was 16 days in Waynesboro this year it was 45 days. That’s a 64.44% increase in how long it takes to sell a home in Waynesboro meaning we could be starting to see a transition back into a neutral market.

Augusta County VA

This April in Augusta County we’ve seen a drop in the average sales price from $469,241 to $382,610, That’s a 18.46% decrease compared to April of last year. If we also look at the median sale price of both years they’re not much different. This could be signaling that the market is headed away from the sellers and into a more neutral state. The average days on market is also relatively the same with it being 40 days last April and 35 most recently. April of 2024 51 properties closed and this year 81 closed marking an uptick in available inventory.

Charlottesville VA

It would seem that the Charlottesville market is more of a sellers market than it was last year. The average sales price has increased from $663,524 to $697,332 or a 5.33% increase but the days on market tells a massive story dropping from an average of 27 days to get an accepted of last year to an average of just 8 days this April. Homes in Charlottesville our selling for more and also selling twice as fast!

Albemarle County VA

Albemarle County is almost experiencing the same market trend as Charlottesville minus a drop in days on market, It’s an average of 27 days to get an accepted offer on a home as a seller. The average sales price increased 13% from last April’s price of $620,936 where it’s now $702,040. Closings also remained relatively the same with 132 last year and 126 this year.

Final Thought

The market in Harrisonburg and Charlottesville are still heavily leaning to the sellers side where as Waynesboro, Staunton and Augusta seem to have flat lined form last years data. I’ll be keeping a very close eye on these trends so if you have any questions about how this might affect your real estate plans don’t hesitate to call me at 540-607-7074!