Is 26147, WV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 26147 is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 26147 was a Neutral Market.

Key Takeaway

26147 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 26147, WV

How much do homes in 26147, WV cost?

Median Sold Price

$150,000

$64/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$21,000(+16.3%)

Key Takeaway

Homes in 26147 have sold for 16.3% more than they did a year ago.

Summary: The median home sold price in 26147 was $150,000 in April 2024, up 16.3% from last year, and the median price per square foot was $64.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$30K
N/A
2 $66K$58K
-12.1%
3 $138K$160K
+15.9%
4 -$187K
N/A
5+ -$275K
N/A

Summary: 26147 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 12.1%, 3 bedroom homes increased by 15.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 26147, WV

How many homes are available in 26147, WV?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1413-7.1%

Summary: The 26147 real estate market had 13 homes for sale in April 2024, a 7.1% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 21
-50.0%
2 33
0.0%
3 76
-14.3%
4 00
0.0%
5+ 23
+50.0%

Summary: The 26147 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 26147, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 26147 in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 26147, WV

How long does it take to sell a home in 26147, WV?

Average Sale Time

Apr 2023Apr 2024CHANGE
156 Days45 Days-71.2%

Summary: Homes in 26147 had an average of 45 days on market in Apr 2024, down by 71.2% compared to last year.

Breakdown of Home Sale Times

0 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

Avg time on Rocket Homes in 26147 has remained consistent over time.

Summary: During April 2024, 1 homes were sold in 26147; 0% of homes were sold within 30 days, 100% 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 10 Days Ago

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