Is 25414, 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, 25414 has remained a Seller's Market.
Key Takeaway
25414 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 25414, WV
How much do homes in 25414, WV cost?
Median Sold Price
$370,500
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 25414 have sold for 2.5% more than they did a year ago.
Summary: The median home sold price in 25414 was $370,500 in April 2024, up 2.5% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $725K | N/A |
| 2 Bedrooms | $175K | $230.7K | +31.9% |
| 3 Bedrooms | $308K | $317K | +2.9% |
| 4 Bedrooms | $424.9K | $445K | +4.7% |
| 5+ Bedrooms | $475.2K | $494.9K | +4.2% |
Summary: 25414 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 31.9%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 4.2%.
Housing Supply in 25414, WV
How many homes are available in 25414, WV?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 82 | 100 | +22.0% |
Summary: The 25414 real estate market had 100 homes for sale in April 2024, a 22.0% 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 | 5 | +66.7% |
| 3 Bedrooms | 35 | 50 | +42.9% |
| 4 Bedrooms | 36 | 38 | +5.6% |
| 5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The 25414 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 increased by 66.7%, 3 bedroom homes increased by 42.9%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 19 | 22 | +15.8% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 25414, you could pay more than the asking price. 45.5% of homes here sold above asking price last month.
Summary: A total of 22 homes were sold or pending in 25414 in April 2024, up by 15.8% month-over-month. Of the 22 sold homes, 41% were sold under asking, 14% were sold at asking, and 45% were sold over asking.
Days on Market for 25414, WV
How long does it take to sell a home in 25414, WV?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 71 Days | 39 Days | -45.2% |
Summary: Homes in 25414 had an average of 39 days on market in Apr 2024, down by 45.2% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 25414 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 22 homes were sold in 25414; 55% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
