What types of homes does Opendoor purchase?

We want to consistently make a competitive offer and provide an excellent customer experience, which is why we are specific about the types of homes we buy and the markets where we buy them.

Due to market conditions, our buying criteria may change at any time. There can also be exceptions to what we’ve listed below. Get in touch if you’d like more information on our process.

Home Types

We buy the following types of homes:

  • Single family homes
  • Townhomes
  • Duplexes (certain markets)
  • Condos (certain markets)

*We do not buy pre-fabricated or mobile homes.

Opendoor Valuation

Right now, we typically buy homes where our valuation is between $100K and $600k, but it can be as high as $1.4M and varies by market. To know whether your home qualifies, request a free and no-commitment offer.

Max Lot Size

In most markets we buy homes that sit on a maximum lot size of 2 acres. In certain markets we will buy homes with a maximum lot size of 1 acre or 1.5 acres.

Year Built
We typically buy homes built after 1930, but this can vary by market.
Home Location

We can only buy homes within our service areas. We will buy homes that are in gated communities and age-restricted communities depending on the market.

*We are currently unable to purchase homes located in a flood zone.

Ownership & Occupancy

We only buy homes if the seller has clear ownership of the property. The home must also be owner-occupied (in the case of Late Checkout) or vacant at the time of closing.

*We do not buy homes that are owned by banks, government agencies, or government loan insurers.

Solar Panels & Solar Leases

We can usually buy homes with solar panels where the panels are owned outright.  We can also buy homes with solar leases, but only if the solar lease has been pre-paid at or prior to closing and the solar panels are purchased outright by the seller at the time of closing.

Home Condition and Materials

We consider other factors related to the home’s materials and overall condition. The criteria below may impact our ability to purchase your home:

  • Your home is being sold as a short sale or foreclosure.
  • Your home has un-permitted additions.
  • Your home has significant foundation issues, or was damaged by floods, fire, or other natural disasters.
  • Your home has dated materials like polybutylene plumbing or masonite woodruff roofs.
  • Your home has a well or septic system.
  • Your home has an active organic growth.

Many of our criteria vary by city, and there can be exceptions. You can request an offer on your home at any time; it’s free, and there’s no obligation to accept. Have questions about your offer? Contact us to discuss our process.

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