The Nicewood housing market is very competitive. The median sale price of a home in Nicewood was $230K last month, down 19.3% since last year. The median sale price per square foot in Nicewood is $218, up 25.6% since last year.
What is the housing market like in Nicewood today?
In March 2024, Nicewood home prices were down 19.3% compared to last year, selling for a median price of $230K. On average, homes in Nicewood sell after 11 days on the market compared to 32 days last year. There were 1 homes sold in March this year, down from 7 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$230,000
-19.3% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Nicewood, VA
$230,000
-19.3%
United States
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How hot is the Nicewood housing market?
Nicewood is very competitive. Homes sell in 19 days.
0
100
84
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 19 days.
Hot homes
can sell for about 3% above list price and go pending in around 9 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
107.0%
+7.2 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Nicewood, VA
107.0%
+7.2 pt
United States
Home offer insights for Nicewood
Explore recent offers and recently sold homes in Nicewood
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Nicewood housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Nicewood.
Risk Factor
Flood Factor - Major
6% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Nicewood has a major risk of flooding. 30 properties in Nicewood are likely to be
severely affected
by flooding over the next 30 years. This represents 6% of all properties in Nicewood. Flood risk is increasing slower than the national average.
13% of properties are at risk of wildfire over the next 30 years
Fire Factor
Nicewood has a moderate risk of wildfire. There are 107 properties in Nicewood that have some risk of being affected by wildfire over the next 30 years. This represents 13% of all properties in Nicewood.
100% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
Nicewood has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Nicewood is most at risk from hurricanes. 772 properties in Nicewood have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 118 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 133 mph.