Is 26101, 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, 26101 has remained a Seller's Market.
Key Takeaway
26101 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 26101, WV
How much do homes in 26101, WV cost?
Median Sold Price
$132,250
$87/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
The sold price of homes in 26101 has remained the same since last year.
Summary: The median home sold price in 26101 was $132,250 in April 2024, down 0.4% from last year, and the median price per square foot was $87.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $62K | - | N/A |
| 2 Bedrooms | $81K | $110.5K | +36.4% |
| 3 Bedrooms | $133K | $127K | -4.5% |
| 4 Bedrooms | $160K | $180K | +12.5% |
| 5+ Bedrooms | $228.5K | $182.5K | -20.1% |
Summary: 26101 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 36.4%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 20.1%.
Housing Supply in 26101, WV
How many homes are available in 26101, WV?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 84 | 87 | +3.6% |
Summary: The 26101 real estate market had 87 homes for sale in April 2024, a 3.6% 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 | 5 | 11 | +120.0% |
| 3 Bedrooms | 45 | 41 | -8.9% |
| 4 Bedrooms | 22 | 24 | +9.1% |
| 5+ Bedrooms | 12 | 11 | -8.3% |
Summary: The 26101 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 increased by 120%, 3 bedroom homes decreased by 8.9%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes decreased by 8.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 22 | 15 | -31.8% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 26101, you may be able to get a good deal. 73.3% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in 26101 in April 2024, down by 31.8% month-over-month. Of the 15 sold homes, 73% were sold under asking, 13% were sold at asking, and 13% were sold over asking.
Days on Market for 26101, WV
How long does it take to sell a home in 26101, WV?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 53 Days | 100 Days | +87.7% |
Summary: Homes in 26101 had an average of 100 days on market in Apr 2024, up by 87.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 26101 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 15 homes were sold in 26101; 20% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 47% of homes were sold over 90 days.
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