Is 25123, WV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 25123 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 25123 has remained a Seller's Market.

Key Takeaway

25123 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 25123, WV

How much do homes in 25123, WV cost?

Median Sold Price

$221,000

$81/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$96,500(-30.4%)

Key Takeaway

Homes in 25123 have sold for 30.4% less than they did a month ago.

Summary: The median home sold price in 25123 was $221,000 in April 2024, down 30.4% from last month, and the median price per square foot was $81.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 -$85K
N/A
4 $317.5K$357K
+12.4%
5+ --
N/A

Summary: 25123 housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 12.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

25241
+17.0%
25123
-30.4%
25033
-69.2%

Housing Supply in 25123, WV

How many homes are available in 25123, WV?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
78+14.3%

Summary: The 25123 real estate market had 8 homes for sale in April 2024, a 14.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 14
+300.0%
4 32
-33.3%
5+ 11
0.0%

Summary: The 25123 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 300%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was 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 25123, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 25123 in April 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 25123, WV

How long does it take to sell a home in 25123, WV?

Average Sale Time

Mar 2024Apr 2024CHANGE
5 Days48 Days+781.8%

Summary: Homes in 25123 had an average of 48 days on market in Apr 2024, up by 781.8% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 25123 has remained consistent over time.

Summary: During April 2024, 2 homes were sold in 25123; 0% of homes were sold within 30 days, 100% 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 4 Days Ago

Newest Listings in 25123, WV

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