$3,147 Closing Credit*
$265,000
980 SqFt
2 Beds
•1 Full Bath, 1 Partial
Benjamin Barnes, Listing Office: Jim Barb Realty Inc.
Is Stephens City, 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, 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
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$17,400(+4.5%)
Key Takeaway
Homes in Stephens City have sold for 4.5% more than they did a year ago.
Summary: The median home sold price in Stephens City was $399,900 in October 2024, up 4.5% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $215K | $226K | +5.1% |
| 3 Bedrooms | $340K | $349K | +2.6% |
| 4 Bedrooms | $449.9K | $477K | +6.0% |
| 5+ Bedrooms | $498K | $529.5K | +6.3% |
Summary: Stephens City 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 increased by 5.1%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 6%, and 5+ bedroom homes increased by 6.3%.
Median Sold Price Compared To Nearby Cities
| Shawnee | $391.5K | $424.9K | +8.5% |
| Winchester | $365K | $386.5K | +5.9% |
| Stephens City | $382.5K | $399.9K | +4.5% |
| Back Creek | $366.9K | $379.9K | +3.5% |
| Opequon | $437K | $429.9K | -1.6% |
Housing Supply in Stephens City, VA
How many homes are available in Stephens City, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 82 | 89 | +8.5% |
Summary: The Stephens City real estate market had 89 homes for sale in October 2024, a 8.5% increase 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 | 9 | 13 | +44.4% |
| 3 Bedrooms | 36 | 37 | +2.8% |
| 4 Bedrooms | 30 | 32 | +6.7% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Stephens City 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 increased by 44.4%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 26 | 26 | 0.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Stephens City, you may be able to get a good deal. 34.6% of homes here sold below asking price last month.
Summary: A total of 26 homes were sold or pending in Stephens City in October 2024, the same as the previous month. Of the 26 sold homes, 35% were sold under asking, 35% were sold at asking, and 31% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 16 Days | 19 Days | +20.1% |
Summary: Homes in Stephens City had an average of 19 days on market in Oct 2024, up by 20.1% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
6 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 October 2024, 26 homes were sold in Stephens City; 73% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
