Is 25526, 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, 25526 has remained a Seller's Market.
Key Takeaway
25526 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 25526, WV
How much do homes in 25526, WV cost?
Median Sold Price
$275,000
$135/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 25526 have sold for 1.8% less than they did a year ago.
Summary: The median home sold price in 25526 was $275,000 in March 2024, down 1.8% from last year, and the median price per square foot was $135.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $30K | $137K | +356.7% |
| 2 Bedrooms | $150K | $170K | +13.3% |
| 3 Bedrooms | $191.6K | $230K | +20.0% |
| 4 Bedrooms | $324K | $382.5K | +18.1% |
| 5+ Bedrooms | $430K | $428K | -0.5% |
Summary: 25526 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 356.7%, 2 bedroom homes increased by 13.3%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 18.1%, and 5+ bedroom homes decreased by 0.5%.
Housing Supply in 25526, WV
How many homes are available in 25526, WV?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 52 | 52 | 0.0% |
Summary: The 25526 real estate market had 52 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 5 | +150.0% |
| 3 Bedrooms | 28 | 20 | -28.6% |
| 4 Bedrooms | 17 | 21 | +23.5% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The 25526 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 150%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes increased by 23.5%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 16 | 15 | -6.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 25526, you may be able to get a good deal. 46.7% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in 25526 in March 2024, down by 6.3% month-over-month. Of the 15 sold homes, 47% were sold under asking, 27% were sold at asking, and 27% were sold over asking.
Days on Market for 25526, WV
How long does it take to sell a home in 25526, WV?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 21 Days | 31 Days | +46.7% |
Summary: Homes in 25526 had an average of 31 days on market in Mar 2024, up by 46.7% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 25526 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 15 homes were sold in 25526; 67% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
