Is 26070, WV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 26070 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 26070 was a Buyer's Market.

Key Takeaway

26070 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 26070, WV

How much do homes in 26070, WV cost?

Median Sold Price

$175,000

$131/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$153,750(+723.5%)

Key Takeaway

Homes in 26070 have sold for 723.5% more than they did a month ago.

Summary: The median home sold price in 26070 was $175,000 in April 2024, up 723.5% from last month, and the median price per square foot was $131.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $17.5K$84.9K
+385.1%
3 -$335K
N/A
4 $25K$175K
+600.0%
5+ --
N/A

Summary: 26070 housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 385.1%, 3 bedroom homes did not change, 4 bedroom homes increased by 600%, and 5+ bedroom homes did not change.

Housing Supply in 26070, WV

How many homes are available in 26070, WV?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1618+12.5%

Summary: The 26070 real estate market had 18 homes for sale in April 2024, a 12.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 32
-33.3%
3 47
+75.0%
4 55
0.0%
5+ 33
0.0%

Summary: The 26070 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 33.3%, 3 bedroom homes increased by 75%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 26070, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in 26070 in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 67% were sold at asking, and 33% were sold over asking.

Days on Market for 26070, WV

How long does it take to sell a home in 26070, WV?

Average Sale Time

Mar 2024Apr 2024CHANGE
37 Days21 Days-43.1%

Summary: Homes in 26070 had an average of 21 days on market in Apr 2024, down by 43.1% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 26070 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 3 homes were sold in 26070; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% 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 13 Days Ago

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