$5,700 Closing Credit*
$480,000
2,248 SqFt
4 Beds
•3 Full Baths, 1 Partial
Wendy R Longerbeam, Listing Office: Coldwell Banker Realty
Is Opequon, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Opequon has remained a Seller's Market.
Key Takeaway
Opequon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Opequon, VA
How much do homes in Opequon, VA cost?
Median Sold Price
$434,983
$206/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$16(0%)
Key Takeaway
The sold price of homes in Opequon has remained the same since last year.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $310K | $299.5K | -3.4% |
| 3 Bedrooms | $394K | $410K | +4.1% |
| 4 Bedrooms | $450K | $507.9K | +12.9% |
| 5+ Bedrooms | $508.4K | $525.3K | +3.3% |
Summary: Opequon housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.4%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 12.9%, and 5+ bedroom homes increased by 3.3%.
Median Sold Price Compared To Nearby Cities
| North River | $320K | $389K | +21.6% |
| Shawnee | $394.9K | $420.7K | +6.5% |
| Stephens City | $383K | $399.9K | +4.4% |
| Opequon | $435K | $434.9K | 0% |
| Middletown | $507.5K | $434.9K | -14.3% |
Housing Supply in Opequon, VA
How many homes are available in Opequon, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 96 | 95 | -1.0% |
Summary: The Opequon real estate market had 95 homes for sale in November 2024, a 1.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 15 | 17 | +13.3% |
| 3 Bedrooms | 43 | 43 | 0.0% |
| 4 Bedrooms | 31 | 28 | -9.7% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Opequon housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 13.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 9.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 23 | -11.5% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Opequon, you may be able to get a good deal. 43.5% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in Opequon in November 2024, down by 11.5% month-over-month. Of the 23 sold homes, 43% were sold under asking, 26% were sold at asking, and 30% were sold over asking.
Days on Market for Opequon, VA
How long does it take to sell a home in Opequon, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 28 Days | 43 Days | +52.6% |
Summary: Homes in Opequon had an average of 43 days on market in Nov 2024, up by 52.6% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Opequon are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 23 homes were sold in Opequon; 65% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
