Is 25419, 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, 25419 has remained a Seller's Market.
Key Takeaway
25419 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 25419, WV
How much do homes in 25419, WV cost?
Median Sold Price
$299,900
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 25419 have sold for 5% more than they did a year ago.
Summary: The median home sold price in 25419 was $299,900 in April 2024, up 5% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $150K | N/A |
| 2 Bedrooms | $255K | $286.5K | +12.4% |
| 3 Bedrooms | $272K | $281.2K | +3.4% |
| 4 Bedrooms | $392.9K | $425K | +8.2% |
| 5+ Bedrooms | $425K | $594.5K | +39.9% |
Summary: 25419 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 12.4%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 8.2%, and 5+ bedroom homes increased by 39.9%.
Housing Supply in 25419, WV
How many homes are available in 25419, WV?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 40 | 55 | +37.5% |
Summary: The 25419 real estate market had 55 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 | 24 | 30 | +25.0% |
| 4 Bedrooms | 11 | 18 | +63.6% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The 25419 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 63.6%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 12 | 12 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 25419, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 12 homes were sold or pending in 25419 in April 2024, the same as the previous month. Of the 12 sold homes, 33% were sold under asking, 50% were sold at asking, and 17% were sold over asking.
Days on Market for 25419, WV
How long does it take to sell a home in 25419, WV?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 38 Days | 11 Days | -70.2% |
Summary: Homes in 25419 had an average of 11 days on market in Apr 2024, down by 70.2% compared to last year.
Breakdown of Home Sale Times
11 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 25419 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 12 homes were sold in 25419; 92% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
