Is Barboursville, VA 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, Barboursville has remained a Seller's Market.
Housing Prices in Barboursville, VA
How much do homes in Barboursville, VA cost?
Median Sold Price
$419,450
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Barboursville was $419,450 in April 2024, up 17.5% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $490K | $325K | -33.7% |
3 Bedrooms | $346.8K | $338K | -2.5% |
4 Bedrooms | $348K | $435K | +25.0% |
5+ Bedrooms | $643K | $760K | +18.2% |
Summary: Barboursville 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 33.7%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 18.2%.
Housing Supply in Barboursville, VA
How many homes are available in Barboursville, VA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
29 | 30 | +3.4% |
Summary: The Barboursville real estate market had 30 homes for sale in April 2024, a 3.4% 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 | 0 | 1 | +100.0% |
3 Bedrooms | 11 | 10 | -9.1% |
4 Bedrooms | 12 | 14 | +16.7% |
5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Barboursville 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 increased by 100%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 8 | +60.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Barboursville in April 2024, up by 60.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 13% were sold at asking, and 50% were sold over asking.
Days on Market for Barboursville, VA
How long does it take to sell a home in Barboursville, VA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
21 Days | 35 Days | +64.9% |
Summary: Homes in Barboursville had an average of 35 days on market in Apr 2024, up by 64.9% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in Barboursville; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.