Is 25403, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 25403 was a Seller's Market.
Key Takeaway
25403 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 25403, WV
How much do homes in 25403, WV cost?
Median Sold Price
$339,057
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 25403 have sold for 2.7% more than they did a year ago.
Summary: The median home sold price in 25403 was $339,057 in April 2024, up 2.7% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $215K | $260K | +20.9% |
| 3 Bedrooms | $289K | $299K | +3.5% |
| 4 Bedrooms | $400.1K | $367.4K | -8.2% |
| 5+ Bedrooms | $384.7K | $425.9K | +10.7% |
Summary: 25403 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 20.9%, 3 bedroom homes increased by 3.5%, 4 bedroom homes decreased by 8.2%, and 5+ bedroom homes increased by 10.7%.
Housing Supply in 25403, WV
How many homes are available in 25403, WV?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 76 | 86 | +13.2% |
Summary: The 25403 real estate market had 86 homes for sale in April 2024, a 13.2% 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 | 1 | 0 | -100.0% |
| 3 Bedrooms | 31 | 41 | +32.3% |
| 4 Bedrooms | 33 | 35 | +6.1% |
| 5+ Bedrooms | 11 | 10 | -9.1% |
Summary: The 25403 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 100%, 3 bedroom homes increased by 32.3%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes decreased by 9.1%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 22 | 14 | -36.4% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 25403, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.
Summary: A total of 14 homes were sold or pending in 25403 in April 2024, down by 36.4% month-over-month. Of the 14 sold homes, 29% were sold under asking, 43% were sold at asking, and 29% were sold over asking.
Days on Market for 25403, WV
How long does it take to sell a home in 25403, WV?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 55 Days | 40 Days | -26.1% |
Summary: Homes in 25403 had an average of 40 days on market in Apr 2024, down by 26.1% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 25403 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 14 homes were sold in 25403; 71% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
