Is Shawnee, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Shawnee has remained a Seller's Market.
Housing Prices in Shawnee, VA
How much do homes in Shawnee, VA cost?
Median Sold Price
$398,950
$204/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Shawnee was $398,950 in April 2024, up 6.7% from last year, and the median price per square foot was $204.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $216K | $245K | +13.4% |
3 Bedrooms | $327.5K | $380K | +16.0% |
4 Bedrooms | $450K | $475K | +5.6% |
5+ Bedrooms | $539K | $529K | -1.9% |
Summary: Shawnee housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13.4%, 3 bedroom homes increased by 16%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes decreased by 1.9%.
Median Sold Price Compared To Nearby Cities
Winchester | $330.5K | $370.6K | +12.1% |
Stephens City | $352K | $387.9K | +10.2% |
Red Bud | $350K | $385K | +10.0% |
Shawnee | $374K | $398.9K | +6.7% |
Opequon | $419.5K | $427.2K | +1.8% |
Housing Supply in Shawnee, VA
How many homes are available in Shawnee, VA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
55 | 57 | +3.6% |
Summary: The Shawnee real estate market had 57 homes for sale in April 2024, a 3.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 9 | 10 | +11.1% |
3 Bedrooms | 28 | 24 | -14.3% |
4 Bedrooms | 13 | 16 | +23.1% |
5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The Shawnee housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 11.1%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
18 | 13 | -27.8% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Shawnee in April 2024, down by 27.8% month-over-month. Of the 13 sold homes, 38% were sold under asking, 8% were sold at asking, and 54% were sold over asking.
Days on Market for Shawnee, VA
How long does it take to sell a home in Shawnee, VA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
22 Days | 37 Days | +63.3% |
Summary: Homes in Shawnee had an average of 37 days on market in Apr 2024, up by 63.3% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 13 homes were sold in Shawnee; 69% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.