Is Scott, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Scott has remained a Seller's Market.
Housing Prices in Scott, WV
How much do homes in Scott, WV cost?
Median Sold Price
$259,005
$134/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Scott was $259,005 in April 2024, down 5.8% from last year, and the median price per square foot was $134.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $216.3K | $183K | -15.4% |
3 Bedrooms | $209.9K | $230K | +9.6% |
4 Bedrooms | $329K | $360K | +9.4% |
5+ Bedrooms | $479K | $605K | +26.3% |
Summary: Scott housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 15.4%, 3 bedroom homes increased by 9.6%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes increased by 26.3%.
Median Sold Price Compared To Nearby Cities
Winfield | $291.4K | $325K | +11.5% |
Teays | $299.9K | $314K | +4.7% |
Scott Depot | $267.5K | $259.4K | -3.0% |
Buffalo-Union | $245K | $231.6K | -5.4% |
Scott | $274.9K | $259K | -5.8% |
Housing Supply in Scott, WV
How many homes are available in Scott, WV?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
36 | 37 | +2.8% |
Summary: The Scott real estate market had 37 homes for sale in April 2024, a 2.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 3 | -25.0% |
3 Bedrooms | 11 | 12 | +9.1% |
4 Bedrooms | 9 | 11 | +22.2% |
5+ Bedrooms | 12 | 11 | -8.3% |
Summary: The Scott housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes decreased by 8.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 12 | +140.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Scott in April 2024, up by 140.0% month-over-month. Of the 12 sold homes, 75% were sold under asking, 8% were sold at asking, and 17% were sold over asking.
Days on Market for Scott, WV
How long does it take to sell a home in Scott, WV?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
30 Days | 15 Days | -48.6% |
Summary: Homes in Scott had an average of 15 days on market in Apr 2024, down by 48.6% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 12 homes were sold in Scott; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.