$300K  
The Nottoway County market was healthy this week as sales climbed 16.7% to hit seven homes sold over the last 30 days. To put it in perspective, close-by Chesterfield County registered 484 home sales in the same period, the most of all surrounding counties. Potential buyers should note that prices went up in Nottoway County, with the median for this period rising from $57,500 to $67,500.
Comments:

Sales rose to five homes sold in the Nottoway County market over the last 30 days. However, an emerging downturn in the amount of pending transactions continued, with three completed in the same period. Prices are falling in Nottoway County, and this period the median price of all sales fell from $70,000 to $55,000. Despite the uptick in sales, there are still nine months of inventory left to work through, meaning Nottoway County is still a definite buyer's market.
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Nottoway County is a smaller-than-average county in Virginia with a population of 15,853 residents, and it has a lower than average density compared to the rest of the state, with 50.4 people per square mile. Blackstone, Crewe, and Burkeville are the three largest cities in terms of population. Nottoway County is an area where most people own their homes, with an ownership ratio of 56.9%. Heading the list of top schools in the county is Burkeville Elementary School.
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There were four home sales in the Nottoway County market over the last 30 days, while coming close to the 4.1 monthly average for the last 12 months. At the same time, Chesterfield County reported 560 home sales, the highest number from all the surrounding counties. Months of inventory continued a steady fall, trending downwards for four weeks to reach 11 months. Nottoway County is still a definite buyer's market, in spite of the uptick in sales, thanks to the availability of such a large amount of remaining inventory.
Comments:

In this week's report, the number of homes sold in the Nottoway County market fell to two over the past 30 days, a decrease of 50.0% from last week's report. Meanwhile, Chesterfield County reported 527 home sales, the highest number from all the surrounding counties. Potential buyers should note that prices are coming down in Nottoway County, and for this period the median sales price slid from $285,000 to $94,000. Along with the slip in sales, a relatively high 22 months of inventory indicates that Nottoway County is a solid buyer's market.
Comments:

The Nottoway County market closed in on its 12-month sales average this week with four homes sold over the last 30 days. Within the same time period, Chesterfield County had 541 sales, the most of all counties in the area. Prices are falling in Nottoway County, and this period the median price of all sales fell from $425,000 to $285,000. Despite the uptick in sales, there are still 11 months of inventory left to work through, meaning Nottoway County is still a solid buyer's market.
Comments:

The Nottoway County market saw sales remain flat this week with three homes sold over the last 30 days but new listings fell to five. Pricing in Nottoway County remains consistent from last week to this week, with the median sales price at $425,000 again. Along with flat sales, a relatively high 14 months of inventory indicates that Nottoway County is a solid buyer's market.
Comments:

Despite a 50.0% jump in sales numbers this week to reach three homes sold over the last 30 days, the Nottoway County market still shows a new trend downward overall. All indications show that the trend may be coming to an end, meaning more sales over the next few weeks. Pricing in Nottoway County remains consistent from last week to this week, with the median sales price at $425,000 again. Nottoway County is still a solid buyer's market, in spite of the uptick in sales, thanks to the availability of 14 months of remaining inventory.
Comments:

The Nottoway County market improved in this week's report, as the number of sales went up to two homes sold over the last 30 days. In comparison, nearby Chesterfield County had 528 sales in the same time frame, the most of all neighboring counties. The median sales price jumped to $425,000 over the latest reporting period for Nottoway County, up from $55,750. Despite the uptick in sales, there are still 22 months of inventory left to work through, meaning Nottoway County is still a strong buyer's market.
Comments:

Nottoway County is older than the rest of Virginia, with a median age of 41. It's less affluent than average as well, with a median income of $40,338 per household. Blackstone, Crewe, and Burkeville are its three most populated cities. The Nottoway County market is almost exclusively made up of detached homes, currently accounting for 100% overall. Topping the list of best schools in the county is Burkeville Elementary School.
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