Is 25304, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 25304 was a Seller's Market.
Key Takeaway
25304 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 25304, WV
How much do homes in 25304, WV cost?
Median Sold Price
$232,000
$113/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 25304 have sold for 24.4% more than they did a year ago.
Summary: The median home sold price in 25304 was $232,000 in March 2024, up 24.4% from last year, and the median price per square foot was $113.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $95K | - | N/A |
| 2 Bedrooms | $119K | $135K | +13.4% |
| 3 Bedrooms | $177.5K | $229.2K | +29.2% |
| 4 Bedrooms | $292.9K | $279K | -4.7% |
| 5+ Bedrooms | $725K | $775K | +6.9% |
Summary: 25304 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13.4%, 3 bedroom homes increased by 29.2%, 4 bedroom homes decreased by 4.7%, and 5+ bedroom homes increased by 6.9%.
Median Sold Price Compared To Nearby Zip Codes
| 25306 | $88.2K | $126K | +42.9% |
| 25304 | $186.5K | $232K | +24.4% |
| 25314 | $239.9K | $260.5K | +8.6% |
Housing Supply in 25304, WV
How many homes are available in 25304, WV?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 35 | 39 | +11.4% |
Summary: The 25304 real estate market had 39 homes for sale in March 2024, a 11.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 13 | 16 | +23.1% |
| 4 Bedrooms | 12 | 12 | 0.0% |
| 5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The 25304 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 23.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 25304, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in 25304 in March 2024, up by 66.7% month-over-month. Of the 5 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% were sold over asking.
Days on Market for 25304, WV
How long does it take to sell a home in 25304, WV?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 28 Days | 17 Days | -39.1% |
Summary: Homes in 25304 had an average of 17 days on market in Mar 2024, down by 39.1% compared to last year.
Breakdown of Home Sale Times
4 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 25304 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 5 homes were sold in 25304; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
