Opelika Housing Market Report April 2025Lee County, Alabama

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Housing Prices in Opelika, AL

How much do homes in Opelika, AL cost?

Housing Market Conditions

Is Opelika, AL a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Opelika is a Seller's Market

Difference Since April 2024

Since last year, Opelika has remained a Seller's Market.

Insight

Opelika is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$329,995$166/SqFt
+$12,889
+4.1%

Based on all homes sold in the last 12 months

Insight

Homes in Opelika have sold for 4.1% more than they did a year ago.

Summary: The median home sold price in Opelika was $329,995 in April 2025, up 4.1% from last year, and the median price per square foot was $166.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Beulah
+5.8%
Auburn
+5.1%
Opelika
+4.1%
Auburn-Opelika
+3.5%
Loachapoka-Roxana
+0.9%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsApr 2024Apr 2025Change YoY
1-$172.5K
N/A
2$239.4K$235K
-1.8%
3$286.9K$298K
+3.9%
4$381.4K$385.9K
+1.2%
5$442.8K$429.9K
-2.9%

Summary: Opelika housing price by bedroom type for April 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -1.8%. The home price for 3 bedroom homes increased by +3.9%. The home price for 4 bedroom homes increased by +1.2%. The home price for 5 bedroom homes decreased by -2.9%.

How does Opelika, AL compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Opelika, AL

Housing supply in Opelika, AL

How many homes are available in Opelika, AL?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
285Last MonthApr 2025
2802 months agoMar 2025
+1.8 %
Change MoMMar – Apr

Summary: The Opelika real estate market had 285 homes for sale in Apr 2025, a 1.8 % increase compared to Mar 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
55Last MonthApr 2025
422 months agoMar 2025
+31.0 %
Change MoMMar – Apr

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsMar 2025Apr 2025Change MoM
100
0.0%
22320
-13.0%
3112111
-0.9%
4121129
+6.6%
52425
+4.2%

Summary: Opelika housing inventory by bedroom type for April 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -13.0%. The inventory for 3 bedroom homes decreased by -0.9%. The inventory for 4 bedroom homes increased by +6.6%. The inventory for 5 bedroom homes increased by +4.2%.

Asking Price vs. Sold Price

How much do homes in Opelika, AL cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price7 Homes

At Asking Price23 Homes

Under Asking Price25 Homes

Insight

If you're buying a home in Opelika, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.

Summary: A total of 55 homes were sold or pending in Opelika in April 2025, up by 31.0% month-over-month. Of the 55 sold homes, 45% were sold under asking, 42% were sold at asking, and and 13% were sold over asking.

Days on Market for Opelika, AL

How long does it take to sell a home in Opelika, AL?

Breakdown of Home Sale Times

Under 30 Days16 Homes

30 – 90 Days15 Homes

Over 90 Days16 Homes

Insight

Many homes in Opelika are selling fast, if you're buying plan to act quickly.

Summary: During April 2025, 55 homes were sold in Opelika; 29% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
104 DaysThis YearApr 2025
120 Days1 year agoApr 2024
-13.2 %
Change YoYApr 2024 – Apr 2025

Summary: Homes in Opelika had an average listing age of 104 days in Apr 2025, down by 13.2% compared to the previous year.

Newest Listings in Opelika, AL

What homes are available in Opelika, AL?

Nearby markets

Nearby markets aren't available for Opelika, AL

MLS Disclaimers and Copyright

Based on information from Lee County MLS, Columbus Board of REALTORS MLS, Montgomery Area Association of Realtors MLS, Lake Martin Area Association of REALTORS® MLS, and Walker Area Multiple Listing Service for the period 05/01/2023 - 05/01/2025

IDX Listing information provided in part by the Lee County Association of REALTORS® for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © Lee County Association of REALTORS® 2024. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/29/2025, 6:15:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of The Columbus Board of Realtors. Detailed information on Real estate listings held by firms other than this broker includes the Listing Brokers Firm Name. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/29/2025, 6:15:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Listing Information Copyright 2025 Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS®, Inc. All rights reserved. Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information being provided is for consumers personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS® Inc. Real estate listings held by brokerage firms other than this broker are governed by MLS Rules and Regulations and detailed information about them includes the name of the listing companies. Equal Housing
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/29/2025, 6:20:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Information is deemed to be reliable, but is not guaranteed. © 2025 Lake Martin Area Association of REALTORS®. Prepared by Lake Martin Area Association of Realtors. The information on this sheet has been made available by the MLS and may not be the listing of the provider. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/29/2025, 6:15:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Listing information provided in part by the Walker Area Association of Realtors for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © Walker Area Association of Realtors 2025. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/29/2025, 6:15:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.