$3,907 Closing Credit*
$329,000
1,600 SqFt
3 Beds
•2 Full Baths, 1 Partial
Amie Cardello, Listing Office: Path Realty
Is Adam Stephens, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, Adam Stephens has remained a Seller's Market.
Key Takeaway
Adam Stephens is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Adam Stephens, WV
How much do homes in Adam Stephens, WV cost?
Median Sold Price
$230,000
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$18,750(+8.9%)
Key Takeaway
Homes in Adam Stephens have sold for 8.9% more than they did a year ago.
Summary: The median home sold price in Adam Stephens was $230,000 in August 2024, up 8.9% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $153K | $132.7K | -13.3% |
| 2 Bedrooms | $176K | $170K | -3.4% |
| 3 Bedrooms | $212.5K | $234.9K | +10.5% |
| 4 Bedrooms | $267.5K | $286K | +6.9% |
| 5+ Bedrooms | $350K | $375K | +7.1% |
Summary: Adam Stephens housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.3%, 2 bedroom homes decreased by 3.4%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes increased by 7.1%.
Median Sold Price Compared To Nearby Cities
| Norborne | $324.5K | $354.2K | +9.2% |
| Adam Stephens | $211.2K | $230K | +8.9% |
| Martinsburg | $275K | $298.2K | +8.5% |
| Tuscarora | $287.6K | $310K | +7.8% |
| Valley | $292K | $303K | +3.8% |
Housing Supply in Adam Stephens, WV
How many homes are available in Adam Stephens, WV?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 84 | 93 | +10.7% |
Summary: The Adam Stephens real estate market had 93 homes for sale in August 2024, a 10.7% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 16 | 16 | 0.0% |
| 3 Bedrooms | 48 | 58 | +20.8% |
| 4 Bedrooms | 15 | 16 | +6.7% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Adam Stephens housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 20.8%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 20 | 22 | +10.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Adam Stephens, you may be able to get a good deal. 36.4% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in Adam Stephens in August 2024, up by 10.0% month-over-month. Of the 22 sold homes, 36% were sold under asking, 27% were sold at asking, and 36% were sold over asking.
Days on Market for Adam Stephens, WV
How long does it take to sell a home in Adam Stephens, WV?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 19 Days | 22 Days | +12.7% |
Summary: Homes in Adam Stephens had an average of 22 days on market in Aug 2024, up by 12.7% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Adam Stephens are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 22 homes were sold in Adam Stephens; 73% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
