$4,144 Closing Credit*
$349,000
1,631 SqFt
3 Beds
•2 Full Baths, 1 Partial
Abby L Walters, Listing Office: Preslee Real Estate
Is Shenandoah County, 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, Shenandoah County has remained a Seller's Market.
Key Takeaway
Shenandoah County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Shenandoah County, VA
How much do homes in Shenandoah County, VA cost?
Median Sold Price
$328,866
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$18,909(+6.1%)
Key Takeaway
Homes in Shenandoah County have sold for 6.1% more than they did a year ago.
Summary: The median home sold price in Shenandoah County was $328,866 in November 2024, up 6.1% from last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $127.5K | $173K | +35.7% |
| 2 Bedrooms | $190K | $236K | +24.2% |
| 3 Bedrooms | $317K | $335.1K | +5.7% |
| 4 Bedrooms | $355K | $368K | +3.7% |
| 5+ Bedrooms | $555K | $475K | -14.4% |
Summary: Shenandoah County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 35.7%, 2 bedroom homes increased by 24.2%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes decreased by 14.4%.
Median Sold Price Compared To Nearby Counties
| Hardy County | $250K | $296.2K | +18.5% |
| Warren County | $362.5K | $385K | +6.2% |
| Shenandoah County | $309.9K | $328.8K | +6.1% |
| Frederick County | $399.7K | $415K | +3.8% |
| Page County | $275K | $281.8K | +2.5% |
Housing Supply in Shenandoah County, VA
How many homes are available in Shenandoah County, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 206 | 209 | +1.5% |
Summary: The Shenandoah County real estate market had 209 homes for sale in November 2024, a 1.5% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 33 | 34 | +3.0% |
| 3 Bedrooms | 118 | 119 | +0.8% |
| 4 Bedrooms | 38 | 39 | +2.6% |
| 5+ Bedrooms | 15 | 15 | 0.0% |
Summary: The Shenandoah County 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 3%, 3 bedroom homes increased by 0.8%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 47 | 49 | +4.3% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Shenandoah County, you may be able to get a good deal. 46.9% of homes here sold below asking price last month.
Summary: A total of 49 homes were sold or pending in Shenandoah County in November 2024, up by 4.3% month-over-month. Of the 49 sold homes, 47% were sold under asking, 33% were sold at asking, and 20% were sold over asking.
Days on Market for Shenandoah County, VA
How long does it take to sell a home in Shenandoah County, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 31 Days | 24 Days | -20.6% |
Summary: Homes in Shenandoah County had an average of 24 days on market in Nov 2024, down by 20.6% compared to last year.
Breakdown of Home Sale Times
36 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Shenandoah County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 49 homes were sold in Shenandoah County; 73% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
