$12,000
0.38 Acres
Land
Paul B. Wight, Listing Office: Creekside Realty
Is Shenandoah County, 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, 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
$329,966
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$25,132(+8.2%)
Key Takeaway
Homes in Shenandoah County have sold for 8.2% more than they did a year ago.
Summary: The median home sold price in Shenandoah County was $329,966 in October 2024, up 8.2% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $133.7K | $173K | +29.3% |
| 2 Bedrooms | $198.7K | $229.9K | +15.7% |
| 3 Bedrooms | $314.3K | $337.4K | +7.4% |
| 4 Bedrooms | $350K | $365K | +4.3% |
| 5+ Bedrooms | $525K | $525K | 0.0% |
Summary: Shenandoah County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 29.3%, 2 bedroom homes increased by 15.7%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
| Hardy County | $249K | $316.2K | +27.0% |
| Shenandoah County | $304.8K | $329.9K | +8.2% |
| Warren County | $360K | $384.7K | +6.9% |
| Frederick County | $395.2K | $415.7K | +5.2% |
| Page County | $280K | $280K | 0.0% |
Housing Supply in Shenandoah County, VA
How many homes are available in Shenandoah County, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 199 | 221 | +11.1% |
Summary: The Shenandoah County real estate market had 221 homes for sale in October 2024, a 11.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 22 | 33 | +50.0% |
| 3 Bedrooms | 116 | 131 | +12.9% |
| 4 Bedrooms | 41 | 40 | -2.4% |
| 5+ Bedrooms | 16 | 14 | -12.5% |
Summary: The Shenandoah County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 12.9%, 4 bedroom homes decreased by 2.4%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 42 | 42 | 0.0% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
12 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. 47.6% of homes here sold below asking price last month.
Summary: A total of 42 homes were sold or pending in Shenandoah County in October 2024, the same as the previous month. Of the 42 sold homes, 48% were sold under asking, 29% were sold at asking, and 24% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 31 Days | 47 Days | +48.8% |
Summary: Homes in Shenandoah County had an average of 47 days on market in Oct 2024, up by 48.8% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
8 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 October 2024, 42 homes were sold in Shenandoah County; 57% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
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