Is Berkeley Springs, WV a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Berkeley Springs is a buyer's market


Difference Since February 2022

At the same time last year, Berkeley Springs was a Seller's Market.

Key Takeaway

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

How much do homes in Berkeley Springs, WV cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since February 2022


Key Takeaway

Homes in Berkeley Springs have sold for 3.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2022Feb 2023%
1 $165K$129K
2 $197.4K$212.5K
3 $262.5K$268.7K
4 $287.5K$331.5K
5+ $379.9K$500.9K

Median Sold Price Compared To Nearby Cities

Great Cacapon
Bath (Berkeley Springs)
Berkeley Springs

How many homes are available in Berkeley Springs, WV?

Number of Homes For Sale

Jan 2023Feb 2023%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 34
2 1110
3 5149
4 1515
5+ 00

Number of Homes Sold

Jan 2023Feb 2023%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Berkeley Springs, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.

Average Sale Time

Feb 2022Feb 2023%
53 Days87 Days+64.6%

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Berkeley Springs are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Berkeley Springs, WV

Berkeley Springs, WV has 78 homes for sale to choose from. The inventory of homes for sale in Berkeley Springs, WV between January 2023 and February 2023 decreased by 2.5%. In February 2023 median list price was $259,000 and the average listing age was 87 days. Between January 2023 and February 2023, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties became 21.8% more cheaper, 2 bedrooms properties prices increased by 7.6%, 3 bedrooms properties became 2.4% more expensive, 4 bedrooms properties became 15.3% more expensive, 5 bedrooms properties became 31.9% more expensive. Volume of homes for sale in this real estate market have seen the following changes: number of 1 bedroom homes increased by 33.3%, volume of 2 bedrooms homes went down by 9.1%, volume of 3 bedrooms homes went down by 3.9%, 4 bedrooms homes did not move, number of 5 bedrooms homes remained the same. In February 2023 more than 2 listings in Berkeley Springs, WV were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 4 were sold below.

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