Is 26062, 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, 26062 has remained a Seller's Market.
Key Takeaway
26062 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 26062, WV
How much do homes in 26062, WV cost?
Median Sold Price
$139,900
$91/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 26062 have sold for 10.2% more than they did a year ago.
Summary: The median home sold price in 26062 was $139,900 in April 2024, up 10.2% from last year, and the median price per square foot was $91.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $54.2K | N/A |
| 2 Bedrooms | $104K | $81.7K | -21.4% |
| 3 Bedrooms | $141K | $146.5K | +3.9% |
| 4 Bedrooms | $120K | $139.9K | +16.6% |
| 5+ Bedrooms | $84.5K | $145K | +71.6% |
Summary: 26062 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 21.4%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 16.6%, and 5+ bedroom homes increased by 71.6%.
Housing Supply in 26062, WV
How many homes are available in 26062, WV?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 72 | 82 | +13.9% |
Summary: The 26062 real estate market had 82 homes for sale in April 2024, a 13.9% 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 | 14 | 13 | -7.1% |
| 3 Bedrooms | 38 | 48 | +26.3% |
| 4 Bedrooms | 16 | 16 | 0.0% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The 26062 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 decreased by 7.1%, 3 bedroom homes increased by 26.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 13 | 21 | +61.5% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 26062, you may be able to get a good deal. 61.9% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in 26062 in April 2024, up by 61.5% month-over-month. Of the 21 sold homes, 62% were sold under asking, 24% were sold at asking, and 14% were sold over asking.
Days on Market for 26062, WV
How long does it take to sell a home in 26062, WV?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 55 Days | 72 Days | +29.2% |
Summary: Homes in 26062 had an average of 72 days on market in Apr 2024, up by 29.2% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 26062 has remained consistent over time.
Summary: During April 2024, 21 homes were sold in 26062; 29% of homes were sold within 30 days, 48% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.
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