The current listing mix in Letterston provides a clear picture of what buyers are seeking in this corner of Pembrokeshire. Three-bedroom properties dominate the market, accounting for 21 of the 32 available listings, with an average asking price of £253,093. This preference for three-bed homes reflects the village's appeal to families and couples looking for spacious accommodation without the premium cost of larger detached houses. The concentration of three-bedroom stock also indicates strong demand from buyers relocating from larger towns who want more space than they can afford in urban areas.
Four-bedroom properties represent the next most common listing type at 6 properties, with an average asking price of £398,317. These homes attract buyers seeking more space, often with gardens suitable for families or those working from home who need dedicated office space. The village also has a small number of two-bedroom properties averaging £175,000, which appeal to first-time buyers and those downsizing, plus a single six-bedroom home listed at £425,000 representing the premium end of the market. This limited supply at the top end creates opportunities for sellers of larger period properties to command premium prices.
New build activity is shaping the market significantly. The Court Meadow development in the centre of the village offers 95 homes across various sizes, including three-bedroom detached and four-bedroom link-detached properties, with prices starting around £340,000 for new-build specifications including solar panels, heat pumps, and ultra-efficient construction. Nearby, the ateb development near Parc Maen Hir is delivering 26 new homes due for completion in Spring 2026, comprising a mix of one and two-bedroom flats, houses, and bungalows, though these are primarily designated for social housing. The Longstone Farm development by Mill Bay Homes has now completed with all 11 homes sold, demonstrating strong demand for new-build properties in the village. These developments are changing the character of Letterston while providing much-needed housing stock for the growing population.