Is 25404, 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, 25404 has remained a Seller's Market.
Key Takeaway
25404 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 25404, WV
How much do homes in 25404, WV cost?
Median Sold Price
$260,000
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 25404 have sold for 4% more than they did a year ago.
Summary: The median home sold price in 25404 was $260,000 in April 2024, up 4% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $127.2K | N/A |
| 2 Bedrooms | $160K | $189.9K | +18.7% |
| 3 Bedrooms | $240K | $253.5K | +5.6% |
| 4 Bedrooms | $300K | $325K | +8.3% |
| 5+ Bedrooms | $400K | $438K | +9.5% |
Summary: 25404 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 18.7%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 9.5%.
Housing Supply in 25404, WV
How many homes are available in 25404, WV?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 65 | 69 | +6.2% |
Summary: The 25404 real estate market had 69 homes for sale in April 2024, a 6.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 6 | 7 | +16.7% |
| 3 Bedrooms | 43 | 50 | +16.3% |
| 4 Bedrooms | 15 | 12 | -20.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 25404 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 16.3%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 18 | 24 | +33.3% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 25404, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 24 homes were sold or pending in 25404 in April 2024, up by 33.3% month-over-month. Of the 24 sold homes, 50% were sold under asking, 21% were sold at asking, and 29% were sold over asking.
Days on Market for 25404, WV
How long does it take to sell a home in 25404, WV?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 34 Days | 19 Days | -42.6% |
Summary: Homes in 25404 had an average of 19 days on market in Apr 2024, down by 42.6% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 25404 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 24 homes were sold in 25404; 79% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
