Is 25438, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 25438 has remained a Seller's Market.
Housing Prices in 25438, WV
How much do homes in 25438, WV cost?
Median Sold Price
$292,675
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 25438 was $292,675 in March 2024, up 9.1% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $135K | - | N/A |
2 Bedrooms | $172K | $225K | +30.8% |
3 Bedrooms | $265K | $285K | +7.5% |
4 Bedrooms | $373K | $412.5K | +10.6% |
5+ Bedrooms | $445K | $384.5K | -13.6% |
Summary: 25438 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 30.8%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 10.6%, and 5+ bedroom homes decreased by 13.6%.
Housing Supply in 25438, WV
How many homes are available in 25438, WV?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
53 | 51 | -3.8% |
Summary: The 25438 real estate market had 51 homes for sale in March 2024, a 3.8% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 5 | 4 | -20.0% |
3 Bedrooms | 30 | 27 | -10.0% |
4 Bedrooms | 16 | 18 | +12.5% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The 25438 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
10 | 10 | 0.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in 25438 in March 2024, the same as the previous month. Of the 10 sold homes, 50% were sold under asking, 30% were sold at asking, and 20% were sold over asking.
Days on Market for 25438, WV
How long does it take to sell a home in 25438, WV?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
24 Days | 28 Days | +15.5% |
Summary: Homes in 25438 had an average of 28 days on market in Mar 2024, up by 15.5% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 10 homes were sold in 25438; 60% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.