Is 26704, WV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 26704 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 26704 has remained a Buyer's Market.

Key Takeaway

26704 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 26704, WV

How much do homes in 26704, WV cost?

Median Sold Price

$130,000

$129/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$269,000(-67.4%)

Key Takeaway

Homes in 26704 have sold for 67.4% less than they did a month ago.

Summary: The median home sold price in 26704 was $130,000 in April 2024, down 67.4% from last month, and the median price per square foot was $129.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $399K$130K
-67.4%
4 --
N/A
5+ --
N/A

Summary: 26704 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 did not change, 3 bedroom homes decreased by 67.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 26704, WV

How many homes are available in 26704, WV?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1724+41.2%

Summary: The 26704 real estate market had 24 homes for sale in April 2024, a 41.2% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 912
+33.3%
4 59
+80.0%
5+ 22
0.0%

Summary: The 26704 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 increased by 33.3%, 4 bedroom homes increased by 80%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

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 26704, 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 26704 in April 2024, the same as the previous 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 26704, WV

How long does it take to sell a home in 26704, WV?

Average Sale Time

Mar 2024Apr 2024CHANGE
64 Days104 Days+62.5%

Summary: Homes in 26704 had an average of 104 days on market in Apr 2024, up by 62.5% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 26704 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 1 homes were sold in 26704; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 16 Days Ago

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