Pimmit Hills, VA
Housing market overview · Updated weekly
$1.85Mmedian sale price
Homes sold
3
Last 12 weeks
Days on market
127
Average pace
Active listings
17
5.7 months supply
Sale-to-list
100.4%
Above asking
Pimmit Hills, VA housing market analysis
The Pimmit Hills housing market is currently classified as a leaning buyer's with a median sale price of $1.85M. Prices have increased 86.8% compared to last year, reflecting continued demand and limited supply putting upward pressure on home values across the area. Homes in Pimmit Hills spend an average of 127 days on market before going under contract, which is above average, giving buyers more time to evaluate properties and negotiate favorable terms.
With 5.7 months of supply, Pimmit Hills is approaching equilibrium. Neither buyers nor sellers hold a decisive advantage, which creates an environment where thoughtful negotiations and fair pricing tend to produce successful transactions for both parties. The average sale-to-list price ratio stands at 100.4%, meaning homes are selling at or above their asking price on average — a strong indicator of competitive demand.
There are currently 17 active listings in Pimmit Hills, providing a very limited selection that intensifies competition among buyers. New listings coming to market totaled 6 in the most recent period, which indicates healthy turnover and fresh opportunities for buyers. Monitoring inventory trends over time provides one of the best leading indicators of where prices are headed. Rising inventory typically precedes price moderation, while declining inventory often signals continued price appreciation.
Whether you're a first-time homebuyer evaluating Pimmit Hills as a place to put down roots, an investor analyzing cash flow potential, or a current homeowner tracking your equity position, understanding these market dynamics is essential for making well-timed, data-informed decisions. Compare Pimmit Hills with nearby markets using our city comparison tool, or estimate your monthly costs with our mortgage calculator.
Market trends
Zip codes in Pimmit Hills, VA
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Frequently asked questions
What is the average home price in Pimmit Hills?
The median home sale price in Pimmit Hills is $1.85M, up 86.8% from last year.
How long do homes stay on market in Pimmit Hills?
Homes typically spend 127 days on market before going under contract.
Is Pimmit Hills a buyer's or seller's market?
With 5.7 months of supply, Pimmit Hills is currently a leaning buyer's.
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