Is 25241, WV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 25241 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 25241 has remained a Seller's Market.

Key Takeaway

25241 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 25241, WV

How much do homes in 25241, WV cost?

Median Sold Price

$231,000

$45/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$33,500(+17.0%)

Key Takeaway

Homes in 25241 have sold for 17% more than they did a month ago.

Summary: The median home sold price in 25241 was $231,000 in April 2024, up 17% from last month, and the median price per square foot was $45.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $255K-
N/A
4 $140K-
N/A
5+ -$231K
N/A

Summary: 25241 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 did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

25241
+17.0%
25123
-30.4%

Housing Supply in 25241, WV

How many homes are available in 25241, WV?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
54-20.0%

Summary: The 25241 real estate market had 4 homes for sale in April 2024, a 20.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 22
0.0%
4 10
-100.0%
5+ 22
0.0%

Summary: The 25241 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 25241, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 25241 in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 25241, WV

How long does it take to sell a home in 25241, WV?

Average Sale Time

Mar 2024Apr 2024CHANGE
96 Days56 Days-41.7%

Summary: Homes in 25241 had an average of 56 days on market in Apr 2024, down by 41.7% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was 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 25241 has remained consistent over time.

Summary: During April 2024, 1 homes were sold in 25241; 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 1 Day Ago

Newest Listings in 25241, WV

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