Opelika, AL
Housing market overview · Updated weekly
$369,325median sale price
Homes sold
41
Last 12 weeks
Days on market
109
Average pace
Active listings
211
5.1 months supply
Sale-to-list
98.2%
Below asking
The Opelika housing market is currently classified as a buyer's market with a median sale price of $369,325. Prices have risen 21.2% compared to last year, with homes spending an average of 109 days on market, indicating 5.1 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
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Frequently asked questions
What is the average home price in Opelika?
The median home sale price in Opelika is $369,325, up 21.2% from last year.
How long do homes stay on market in Opelika?
Homes typically spend 109 days on market before going under contract.
Is Opelika a buyer's or seller's market?
With 5.1 months of supply, Opelika is currently a buyer's market.
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