$10,000 Closing Credit*
$939,000
3,304 SqFt
4 Beds
•4 Full Baths, 1 Partial
Meridee A Powars, Listing Office: Link Realty Services LLC
Is Stephens City, 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, Stephens City has remained a Seller's Market.
Key Takeaway
Stephens City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Stephens City, VA
How much do homes in Stephens City, VA cost?
Median Sold Price
$399,900
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$16,900(+4.4%)
Key Takeaway
Homes in Stephens City have sold for 4.4% more than they did a year ago.
Summary: The median home sold price in Stephens City was $399,900 in November 2024, up 4.4% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $217.5K | $225.5K | +3.7% |
| 3 Bedrooms | $340K | $349.2K | +2.7% |
| 4 Bedrooms | $449.9K | $486.7K | +8.2% |
| 5+ Bedrooms | $497K | $529.5K | +6.5% |
Summary: Stephens City 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 increased by 3.7%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 8.2%, and 5+ bedroom homes increased by 6.5%.
Median Sold Price Compared To Nearby Cities
| Winchester | $365K | $388.9K | +6.6% |
| Shawnee | $394.9K | $420.7K | +6.5% |
| Stephens City | $383K | $399.9K | +4.4% |
| Back Creek | $374.4K | $379.4K | +1.3% |
| Opequon | $435K | $434.9K | 0% |
Housing Supply in Stephens City, VA
How many homes are available in Stephens City, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 86 | 81 | -5.8% |
Summary: The Stephens City real estate market had 81 homes for sale in November 2024, a 5.8% 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 | 12 | 13 | +8.3% |
| 3 Bedrooms | 36 | 32 | -11.1% |
| 4 Bedrooms | 30 | 28 | -6.7% |
| 5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The Stephens City 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 8.3%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 29 | 21 | -27.6% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Stephens City, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.
Summary: A total of 21 homes were sold or pending in Stephens City in November 2024, down by 27.6% month-over-month. Of the 21 sold homes, 24% were sold under asking, 43% were sold at asking, and 33% were sold over asking.
Days on Market for Stephens City, VA
How long does it take to sell a home in Stephens City, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 25 Days | 18 Days | -25.8% |
Summary: Homes in Stephens City had an average of 18 days on market in Nov 2024, down by 25.8% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Stephens City are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 21 homes were sold in Stephens City; 86% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
