Is 25508, 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, 25508 has remained a Seller's Market.
Housing Prices in 25508, WV
How much do homes in 25508, WV cost?
Median Sold Price
$175,000
$89/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 25508 was $175,000 in April 2024, down 18.6% from last year, and the median price per square foot was $89.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $75K | $70K | -6.7% |
3 Bedrooms | $190K | $171K | -10.0% |
4 Bedrooms | $273K | $249K | -8.8% |
5+ Bedrooms | $495K | $299.9K | -39.4% |
Summary: 25508 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 decreased by 6.7%, 3 bedroom homes decreased by 10%, 4 bedroom homes decreased by 8.8%, and 5+ bedroom homes decreased by 39.4%.
Housing Supply in 25508, WV
How many homes are available in 25508, WV?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 14 | +7.7% |
Summary: The 25508 real estate market had 14 homes for sale in April 2024, a 7.7% 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 | 2 | 2 | 0.0% |
3 Bedrooms | 8 | 8 | 0.0% |
4 Bedrooms | 1 | 2 | +100.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 25508 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 remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 5 | +400.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in 25508 in April 2024, up by 400.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for 25508, WV
How long does it take to sell a home in 25508, WV?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
148 Days | 67 Days | -54.5% |
Summary: Homes in 25508 had an average of 67 days on market in Apr 2024, down by 54.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in 25508; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.