$7,113 Closing Credit*
$599,000
1,500 SqFt
3 Beds
•2 Full Baths, 1 Partial
Brian Doman, Listing Office: Preslee Real Estate
Is Moorefield Station, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Moorefield Station has remained a Seller's Market.
Key Takeaway
Moorefield Station is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Moorefield Station, VA
How much do homes in Moorefield Station, VA cost?
Median Sold Price
$854,475
$320/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$65,475(+8.3%)
Key Takeaway
Homes in Moorefield Station have sold for 8.3% more than they did a year ago.
Summary: The median home sold price in Moorefield Station was $854,475 in October 2024, up 8.3% from last year, and the median price per square foot was $320.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $770K | $733.9K | -4.7% |
| 4 Bedrooms | $789K | $887.9K | +12.5% |
| 5+ Bedrooms | $832.5K | $896K | +7.6% |
Summary: Moorefield Station housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 4.7%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 7.6%.
Housing Supply in Moorefield Station, VA
How many homes are available in Moorefield Station, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 28 | 25 | -10.7% |
Summary: The Moorefield Station real estate market had 25 homes for sale in October 2024, a 10.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 12 | 10 | -16.7% |
| 4 Bedrooms | 14 | 12 | -14.3% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Moorefield Station housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 12 | +20.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Moorefield Station, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 12 homes were sold or pending in Moorefield Station in October 2024, up by 20.0% month-over-month. Of the 12 sold homes, 33% were sold under asking, 50% were sold at asking, and 17% were sold over asking.
Days on Market for Moorefield Station, VA
How long does it take to sell a home in Moorefield Station, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 25 Days | 32 Days | +27.6% |
Summary: Homes in Moorefield Station had an average of 32 days on market in Oct 2024, up by 27.6% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Moorefield Station are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 12 homes were sold in Moorefield Station; 58% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
