Is 25413, 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, 25413 has remained a Seller's Market.
Key Takeaway
25413 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 25413, WV
How much do homes in 25413, WV cost?
Median Sold Price
$309,000
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 25413 have sold for 5.2% more than they did a year ago.
Summary: The median home sold price in 25413 was $309,000 in April 2024, up 5.2% from last year, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $160K | - | N/A |
| 2 Bedrooms | $209.9K | $235K | +12.0% |
| 3 Bedrooms | $254K | $280K | +10.2% |
| 4 Bedrooms | $350K | $359.9K | +2.8% |
| 5+ Bedrooms | $369.9K | $315K | -14.8% |
Summary: 25413 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 12%, 3 bedroom homes increased by 10.2%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes decreased by 14.8%.
Housing Supply in 25413, WV
How many homes are available in 25413, WV?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 32 | 44 | +37.5% |
Summary: The 25413 real estate market had 44 homes for sale in April 2024, a 37.5% 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 | 3 | 3 | 0.0% |
| 3 Bedrooms | 20 | 25 | +25.0% |
| 4 Bedrooms | 8 | 14 | +75.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 25413 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 remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 75%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 11 | 9 | -18.2% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 25413, expect to pay close to the asking price. 55.6% of homes here sold near the asking price last month.
Summary: A total of 9 homes were sold or pending in 25413 in April 2024, down by 18.2% month-over-month. Of the 9 sold homes, 11% were sold under asking, 56% were sold at asking, and 33% were sold over asking.
Days on Market for 25413, WV
How long does it take to sell a home in 25413, WV?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 43 Days | 16 Days | -62.5% |
Summary: Homes in 25413 had an average of 16 days on market in Apr 2024, down by 62.5% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 25413 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 9 homes were sold in 25413; 78% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
