Is 25311, 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, 25311 has remained a Seller's Market.
Key Takeaway
25311 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 25311, WV
How much do homes in 25311, WV cost?
Median Sold Price
$171,200
$107/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 25311 have sold for 0.8% less than they did a year ago.
Summary: The median home sold price in 25311 was $171,200 in April 2024, down 0.8% from last year, and the median price per square foot was $107.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $78.2K | $101.2K | +29.4% |
| 2 Bedrooms | $111.4K | $95K | -14.8% |
| 3 Bedrooms | $140K | $174.9K | +25.0% |
| 4 Bedrooms | $194K | $310K | +59.8% |
| 5+ Bedrooms | $372.5K | $381K | +2.3% |
Summary: 25311 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 29.4%, 2 bedroom homes decreased by 14.8%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 59.8%, and 5+ bedroom homes increased by 2.3%.
Median Sold Price Compared To Nearby Zip Codes
| 25302 | $135.5K | $143.7K | +6.1% |
| 25311 | $172.5K | $171.2K | -0.8% |
| 25301 | $199.2K | $177K | -11.2% |
Housing Supply in 25311, WV
How many homes are available in 25311, WV?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 21 | 34 | +61.9% |
Summary: The 25311 real estate market had 34 homes for sale in April 2024, a 61.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 7 | +40.0% |
| 2 Bedrooms | 5 | 8 | +60.0% |
| 3 Bedrooms | 6 | 9 | +50.0% |
| 4 Bedrooms | 5 | 9 | +80.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The 25311 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 40%, 2 bedroom homes increased by 60%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 80%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 6 | +500.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 25311, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 25311 in April 2024, up by 500.0% month-over-month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 25311, WV
How long does it take to sell a home in 25311, WV?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 25 Days | 59 Days | +135.8% |
Summary: Homes in 25311 had an average of 59 days on market in Apr 2024, up by 135.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 25311 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 6 homes were sold in 25311; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
