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Opendoor is a real estate technology company best known for its iBuying model, which lets homeowners request a direct cash offer and sell without the traditional listing process. Founded in 2014, the company helped popularize the idea of an instant home sale powered by data and software.
For a 2026 update, the key Opendoor statistics are that the company says it has served 250,000 customers across 50 markets, generated $5.2 billion in 2024 revenue, sold 13,593 homes, and purchased 14,684 homes in 2024.
Opendoor Quick Answer
Opendoor is a large U.S. home transaction platform that had served 250,000 customers across 50 markets by 2024. In 2024, the company reported $5.2 billion in revenue, 13,593 homes sold, and a $392 million net loss.
Opendoor Key Metrics
| Metric | Latest figure | Year |
|---|---|---|
| Customers served | 250,000 | 2024 milestone |
| Markets | 50 | 2024 milestone |
| Revenue | $5.2 billion | 2024 |
| Homes sold | 13,593 | 2024 |
| Homes purchased | 14,684 | 2024 |
| Gross profit | $433 million | 2024 |
| Net loss | $392 million | 2024 |
About Opendoor
Opendoor’s core value proposition is convenience. The company uses pricing models, digital workflows and local market operations to let homeowners sell faster and with fewer traditional steps.
Opendoor Customer Statistics
In 2024, Opendoor said it had served 250,000 customers across 50 markets. That makes customer reach one of the company’s clearest long-term scale indicators.
Opendoor Revenue Statistics
Opendoor generated $5.2 billion in revenue in 2024. That was down from 2023, reflecting a smaller home transaction base, but the company also improved gross margin and contribution profitability.
| Year | Revenue |
|---|---|
| 2024 | $5.2 billion |
| 2023 | $7.0 billion |
| 2022 | $15.6 billion |
| 2021 | $8.0 billion |
| 2020 | $2.583 billion |
| 2019 | $4.740 billion |
Opendoor Housing Transaction Statistics
In 2024, Opendoor sold 13,593 homes and purchased 14,684 homes. These totals are much more useful than the old one-line “homes bought and sold” stat because they show a specific annual operating picture.
Opendoor Profitability Statistics
Opendoor reported $433 million in gross profit and a $392 million net loss in 2024. While the company remained unprofitable, gross margin improved versus 2023.
FAQ
How many customers has Opendoor served?
Opendoor said it had served 250,000 customers across 50 markets by 2024.
How much revenue does Opendoor make?
Opendoor reported $5.2 billion in revenue in 2024.
How many homes did Opendoor sell in 2024?
Opendoor sold 13,593 homes in 2024.
Is Opendoor profitable?
Opendoor reported a net loss of $392 million in 2024.
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