Is 25143, 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, 25143 has remained a Seller's Market.
Key Takeaway
25143 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 25143, WV
How much do homes in 25143, WV cost?
Median Sold Price
$137,500
$100/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 25143 have sold for 6.8% more than they did a year ago.
Summary: The median home sold price in 25143 was $137,500 in April 2024, up 6.8% from last year, and the median price per square foot was $100.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $20K | $114.5K | +472.5% |
| 2 Bedrooms | $117.5K | $94.5K | -19.6% |
| 3 Bedrooms | $134.5K | $146.5K | +8.9% |
| 4 Bedrooms | $170K | $201.7K | +18.7% |
| 5+ Bedrooms | $390K | $217K | -44.4% |
Summary: 25143 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 472.5%, 2 bedroom homes decreased by 19.6%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 18.7%, and 5+ bedroom homes decreased by 44.4%.
Housing Supply in 25143, WV
How many homes are available in 25143, WV?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 25 | 18 | -28.0% |
Summary: The 25143 real estate market had 18 homes for sale in April 2024, a 28.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 0 | -100.0% |
| 3 Bedrooms | 18 | 14 | -22.2% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The 25143 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 100%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 11 | 8 | -27.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 25143, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in 25143 in April 2024, down by 27.3% month-over-month. Of the 8 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% were sold over asking.
Days on Market for 25143, WV
How long does it take to sell a home in 25143, WV?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 42 Days | 8 Days | -80.4% |
Summary: Homes in 25143 had an average of 8 days on market in Apr 2024, down by 80.4% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 25143 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 8 homes were sold in 25143; 88% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
