Stephens City Real Estate Market Extends Weakening in Home Prices

With four homes sold in the Stephens City market over the last 30 days, we see no change from last week's numbers. In addition, there was no shift in the amount of sellers who came into the market in the same time frame, with one new listing for buyers to choose from. The median sales price of homes sold came in at $207,250, which extended a downward swing in price to four weeks. In spite of the falling prices, a low two months of inventory signals that Stephens City is still a strong seller's market.

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Demographic facts about Stephens City:

  • This area has an affordability rating of 52. (Scale: 1 = Worst, 100 = Best)
  • The average precipitation is 38.0 inches per year. (U.S. average: 36.5)
  • The income per capita in this area is $26,159.
  • This area has a school rating of 60. (Scale: 1 = Worst, 100 = Best)

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
ERA Oakcrest Realty, Inc.
Snapped 10 homes in this area
Avery-Hess, REALTORS
Snapped 1 home in this area

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