$3,561 Closing Credit*
$299,900
1,440 SqFt
3 Beds
•2 Full Baths, 1 Partial
Samantha I Bendigo, Listing Office: Berkshire Hathaway HomeServices PenFed Realty
Is Opequon, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Opequon has remained a Seller's Market.
Key Takeaway
Opequon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Opequon, VA
How much do homes in Opequon, VA cost?
Median Sold Price
$428,307
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
-$6,692(-1.5%)
Key Takeaway
Homes in Opequon have sold for 1.5% less than they did a year ago.
Summary: The median home sold price in Opequon was $428,307 in September 2024, down 1.5% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $407.5K | $267.5K | -34.4% |
| 3 Bedrooms | $387.7K | $399.4K | +3.0% |
| 4 Bedrooms | $450K | $489.9K | +8.9% |
| 5+ Bedrooms | $508.4K | $525K | +3.3% |
Summary: Opequon housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 34.4%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes increased by 3.3%.
Median Sold Price Compared To Nearby Cities
| North River | $320K | $384K | +20.0% |
| Shawnee | $389.9K | $429.9K | +10.3% |
| Stephens City | $381K | $399.9K | +5.0% |
| Opequon | $435K | $428.3K | -1.5% |
| Middletown | $490K | $450K | -8.2% |
Housing Supply in Opequon, VA
How many homes are available in Opequon, VA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 114 | 113 | -0.9% |
Summary: The Opequon real estate market had 113 homes for sale in September 2024, a 0.9% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 18 | 16 | -11.1% |
| 3 Bedrooms | 52 | 51 | -1.9% |
| 4 Bedrooms | 34 | 39 | +14.7% |
| 5+ Bedrooms | 10 | 7 | -30.0% |
Summary: The Opequon housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 11.1%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes increased by 14.7%, and 5+ bedroom homes decreased by 30%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 29 | 21 | -27.6% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Opequon, you may be able to get a good deal. 47.6% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in Opequon in September 2024, down by 27.6% month-over-month. Of the 21 sold homes, 48% were sold under asking, 38% were sold at asking, and 14% were sold over asking.
Days on Market for Opequon, VA
How long does it take to sell a home in Opequon, VA?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 19 Days | 27 Days | +39.1% |
Summary: Homes in Opequon had an average of 27 days on market in Sep 2024, up by 39.1% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Opequon are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 21 homes were sold in Opequon; 67% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
