Is 25045, WV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 25045 is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 25045 was a Buyer's Market.

Key Takeaway

25045 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 25045, WV

How much do homes in 25045, WV cost?

Median Sold Price

$155,000

$77/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$5,000(+3.3%)

Key Takeaway

Homes in 25045 have sold for 3.3% more than they did a year ago.

Summary: The median home sold price in 25045 was $155,000 in April 2024, up 3.3% from last year, and the median price per square foot was $77.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $10K-
N/A
2 $137.2K$119K
-13.3%
3 $158.5K$155K
-2.2%
4 $133.5K$175K
+31.1%
5+ $297.5K$175K
-41.2%

Summary: 25045 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 13.3%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes increased by 31.1%, and 5+ bedroom homes decreased by 41.2%.

Housing Supply in 25045, WV

How many homes are available in 25045, WV?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
550.0%

Summary: The 25045 real estate market had 5 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 23
+50.0%
4 00
0.0%
5+ 11
0.0%

Summary: The 25045 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 50%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 25045, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in 25045 in April 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 25045, WV

How long does it take to sell a home in 25045, WV?

Average Sale Time

Apr 2023Apr 2024CHANGE
55 Days4 Days-92.7%

Summary: Homes in 25045 had an average of 4 days on market in Apr 2024, down by 92.7% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 25045 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 1 homes were sold in 25045; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 5 Days Ago

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