$4M  
Over the last 30 days, the sale of eight homes took place in the Rappahannock County market. This shows a 27.3% decline from the prior period but the area remains on a confirmed upward trend. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. As sales trended higher, prices have been increasing. The median sales price hit $384,950, extending a four-week long spike. Rappahannock County is a solid buyer's market, thanks to a big 10 months of inventory to choose from and a pullback in sales.
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$1.3M  
The Rappahannock County market saw 11 more homes change hands over the last 30 days. With that, price reductions have increased significantly as well, reaching their highest level since September at 14. During the same time frame, Loudoun County had the most price reductions of any other neighboring county with 398. The median sales price remained unchanged over the latest reporting period for Rappahannock County, coming in at $360,000. Rappahannock County is a definite buyer's market, with seven months of remaining inventory and aided by the rise in price reductions.
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$329K  
The population of Rappahannock County is affluent compared to others in Virginia with a median income of $59,023 per household. It's also considered a very expensive county in terms of affordability with a cost of living adjustment score of 125.0. The three counties with the largest populations are Rappahannock County, 22740, and 22627. Rappahannock County is made up of homes that are considered relatively old with a median of 37 years. Topping the list of best schools in the county is Rappahannock Co. High School.
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$799K  
The number of homes coming into the Rappahannock County market rose to seven listings over the last 30 days, while sales remained right where they were as once again 10 homes were sold over the same period. Prices are falling in Rappahannock County, and this period the median price of all sales fell from $364,000 to $360,000. With no movement in sales and the availability of eight months of inventory, Rappahannock County is a definite buyer's market.
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$849K  
The number of homes coming into the Rappahannock County market fell to six listings over the last 30 days, while sales remained right where they were as once again nine homes were sold over the same period. Prices are rising in Rappahannock County, and the median sales price this period increased from $360,000 to $368,000. Rappahannock County is a strong buyer's market, due to a big nine months of inventory left and aided by the flat sales.
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$849K  
Over the last 30 days, the Rappahannock County market got positive news with nine homes sold. It marks a 125.0% increase from last week's report, while also topping the average sales volume for the prior 12 months. At the same time, Loudoun County reported 307 home sales, the highest number from all the surrounding counties. The median sales price rose to $360,000 over the latest reporting period for Rappahannock County, up from $331,500. Rappahannock County is still a definite buyer's market, in spite of the uptick in sales, thanks to the availability of eight months of remaining inventory.
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$1.3M  
Over the last 30 days, sales in the Rappahannock County market fell to four. However, the number of pending transactions continued to improve, reaching a total of 12 during the same period. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. Prices are rising in Rappahannock County, and the median sales price this period increased from $293,000 to $331,500. Rappahannock County is a strong buyer's market, due to a big 19 months of inventory left and aided by the dip in sales.
Comments:

$130K  
Over the last 30 days, the Rappahannock County market got good news with five homes sold. It marks a 66.7% increase from last week's report, while also closing in on the average sales volume for the prior 12 months. To put it in perspective, close-by Loudoun County registered 327 home sales in the same period, the most of all surrounding counties. The median sales price of homes sold came in at $293,000, which extended a downward swing in price to four weeks. Even after uptick in sales, such a large amount of remaining inventory tells us that Rappahannock County is still a definite buyer's market.
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$130K  
The Rappahannock County market is slipping, despite a three-week downturn. While sales this week fell to two homes sold over the last 30 days, new listings are at the highest they've been in three months. When comparing other close-by counties within the same period, the most came from Loudoun County with 345 new listings. Potential buyers should note that prices are coming down in Rappahannock County, and for this period the median sales price slid from $165,000 to $157,450. With a downward trend in sales numbers and 39 months of inventory still left to work through, Rappahannock County is a solid buyer's market.
Comments:

$395K  
Rappahannock County is a small county in Virginia with 7,373 residents. Its population is also growing slower than others at a 10-year growth rate of 5.6%. The Rappahannock County market is almost exclusively made up of detached homes, currently accounting for 100% overall. The best school in the county is Rappahannock Co. High School.
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