Is Augusta, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Augusta was a Neutral Market.
Key Takeaway
Augusta is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Augusta, WV
How much do homes in Augusta, WV cost?
Median Sold Price
$246,000
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Augusta have sold for 19.3% less than they did a year ago.
Summary: The median home sold price in Augusta was $246,000 in March 2024, down 19.3% from last year, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $175K | N/A |
| 2 Bedrooms | $85K | $230K | +170.6% |
| 3 Bedrooms | $262K | $228.5K | -12.8% |
| 4 Bedrooms | $371K | $306K | -17.5% |
| 5+ Bedrooms | $355K | - | N/A |
Summary: Augusta housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 170.6%, 3 bedroom homes decreased by 12.8%, 4 bedroom homes decreased by 17.5%, and 5+ bedroom homes did not change.
Housing Supply in Augusta, WV
How many homes are available in Augusta, WV?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 30 | 31 | +3.3% |
Summary: The Augusta real estate market had 31 homes for sale in March 2024, a 3.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 20 | 18 | -10.0% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Augusta housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Augusta, 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 Augusta in March 2024, down by 66.7% 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 Augusta, WV
How long does it take to sell a home in Augusta, WV?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 80 Days | 64 Days | -20.0% |
Summary: Homes in Augusta had an average of 64 days on market in Mar 2024, down by 20% 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
Key Takeaway
Avg time on Rocket Homes in Augusta has remained consistent over time.
Summary: During March 2024, 1 homes were sold in Augusta; 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.
