Is 25405, 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, 25405 was a Neutral Market.
Key Takeaway
25405 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 25405, WV
How much do homes in 25405, WV cost?
Median Sold Price
$303,000
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 25405 have sold for 4.5% more than they did a year ago.
Summary: The median home sold price in 25405 was $303,000 in April 2024, up 4.5% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $175K | $275K | +57.1% |
| 2 Bedrooms | $230K | $165K | -28.3% |
| 3 Bedrooms | $265K | $287K | +8.3% |
| 4 Bedrooms | $331.9K | $337.4K | +1.6% |
| 5+ Bedrooms | $370K | $358K | -3.2% |
Summary: 25405 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 57.1%, 2 bedroom homes decreased by 28.3%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes decreased by 3.2%.
Housing Supply in 25405, WV
How many homes are available in 25405, WV?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 54 | 56 | +3.7% |
Summary: The 25405 real estate market had 56 homes for sale in April 2024, a 3.7% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 34 | 37 | +8.8% |
| 4 Bedrooms | 15 | 13 | -13.3% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The 25405 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 remained the same, 3 bedroom homes increased by 8.8%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 16 | 15 | -6.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
9 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 25405, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.
Summary: A total of 15 homes were sold or pending in 25405 in April 2024, down by 6.3% month-over-month. Of the 15 sold homes, 7% were sold under asking, 60% were sold at asking, and 33% were sold over asking.
Days on Market for 25405, WV
How long does it take to sell a home in 25405, WV?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 45 Days | 7 Days | -83.2% |
Summary: Homes in 25405 had an average of 7 days on market in Apr 2024, down by 83.2% compared to last year.
Breakdown of Home Sale Times
14 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 25405 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 15 homes were sold in 25405; 93% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
