Is 25309, 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, 25309 has remained a Seller's Market.
Key Takeaway
25309 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 25309, WV
How much do homes in 25309, WV cost?
Median Sold Price
$200,000
$112/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 25309 have sold for 21.2% more than they did a year ago.
Summary: The median home sold price in 25309 was $200,000 in April 2024, up 21.2% from last year, and the median price per square foot was $112.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $95.7K | $105K | +9.7% |
| 3 Bedrooms | $155.5K | $143K | -8.0% |
| 4 Bedrooms | $284.9K | $274.5K | -3.7% |
| 5+ Bedrooms | $480.5K | $521.2K | +8.5% |
Summary: 25309 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.7%, 3 bedroom homes decreased by 8%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes increased by 8.5%.
Housing Supply in 25309, WV
How many homes are available in 25309, WV?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 24 | 23 | -4.2% |
Summary: The 25309 real estate market had 23 homes for sale in April 2024, a 4.2% decrease 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 | 6 | 3 | -50.0% |
| 3 Bedrooms | 8 | 10 | +25.0% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 25309 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 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 7 | +40.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 25309, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in 25309 in April 2024, up by 40.0% month-over-month. Of the 7 sold homes, 0% were sold under asking, 43% were sold at asking, and 57% were sold over asking.
Days on Market for 25309, WV
How long does it take to sell a home in 25309, WV?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 24 Days | 37 Days | +52.6% |
Summary: Homes in 25309 had an average of 37 days on market in Apr 2024, up by 52.6% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 25309 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 7 homes were sold in 25309; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
