Is 25177, 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, 25177 has remained a Seller's Market.
Key Takeaway
25177 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 25177, WV
How much do homes in 25177, WV cost?
Median Sold Price
$145,000
$102/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 25177 have sold for 6.2% more than they did a year ago.
Summary: The median home sold price in 25177 was $145,000 in April 2024, up 6.2% from last year, and the median price per square foot was $102.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $41K | $52.5K | +28.0% |
| 2 Bedrooms | $106K | $120K | +13.2% |
| 3 Bedrooms | $134.9K | $146.2K | +8.4% |
| 4 Bedrooms | $179.9K | $205K | +13.9% |
| 5+ Bedrooms | $334K | $268.8K | -19.5% |
Summary: 25177 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 28%, 2 bedroom homes increased by 13.2%, 3 bedroom homes increased by 8.4%, 4 bedroom homes increased by 13.9%, and 5+ bedroom homes decreased by 19.5%.
Housing Supply in 25177, WV
How many homes are available in 25177, WV?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 57 | 63 | +10.5% |
Summary: The 25177 real estate market had 63 homes for sale in April 2024, a 10.5% 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 | 11 | 9 | -18.2% |
| 3 Bedrooms | 32 | 35 | +9.4% |
| 4 Bedrooms | 14 | 18 | +28.6% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The 25177 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 18.2%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 19 | 16 | -15.8% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 25177, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in 25177 in April 2024, down by 15.8% month-over-month. Of the 16 sold homes, 50% were sold under asking, 6% were sold at asking, and 44% were sold over asking.
Days on Market for 25177, WV
How long does it take to sell a home in 25177, WV?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 18 Days | 18 Days | -4.2% |
Summary: Homes in 25177 had an average of 18 days on market in Apr 2024, down by 4.2% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 25177 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 16 homes were sold in 25177; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
