Is 26037, WV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 26037 is a neutral's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 26037 was a Seller's Market.

Key Takeaway

26037 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 26037, WV

How much do homes in 26037, WV cost?

Median Sold Price

$122,950

$83/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$14,550(-10.6%)

Key Takeaway

Homes in 26037 have sold for 10.6% less than they did a year ago.

Summary: The median home sold price in 26037 was $122,950 in April 2024, down 10.6% from last year, and the median price per square foot was $83.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$93K
N/A
2 $78.7K$109.5K
+39.1%
3 $126K$145K
+15.1%
4 $243K$140K
-42.4%
5+ $130K$145K
+11.5%

Summary: 26037 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 39.1%, 3 bedroom homes increased by 15.1%, 4 bedroom homes decreased by 42.4%, and 5+ bedroom homes increased by 11.5%.

Housing Supply in 26037, WV

How many homes are available in 26037, WV?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2520-20.0%

Summary: The 26037 real estate market had 20 homes for sale in April 2024, a 20.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 33
0.0%
3 1510
-33.3%
4 55
0.0%
5+ 11
0.0%

Summary: The 26037 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 decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
63-50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 26037, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 26037 in April 2024, down by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for 26037, WV

How long does it take to sell a home in 26037, WV?

Average Sale Time

Apr 2023Apr 2024CHANGE
86 Days104 Days+20.5%

Summary: Homes in 26037 had an average of 104 days on market in Apr 2024, up by 20.5% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 26037 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 3 homes were sold in 26037; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 5 Days Ago

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