Is Brooke County, WV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brooke County is a buyer's market

Buyer's
Market

Difference Since October 2021

At the same time last year, Brooke County was a Seller's Market.

Key Takeaway

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

How much do homes in Brooke County, WV cost?

Median Sold Price

$120,000

$76/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

-$4,700(-3.8%)

Key Takeaway

Homes in Brooke County have sold for 3.8% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $15K-
N/A
2 $68.2K$60K
-12.1%
3 $134.9K$130K
-3.6%
4 $140K$197.5K
+41.1%
5+ $225K$160K
-28.9%

Median Sold Price Compared To Nearby Counties

Hancock County
+9.2%
Jefferson County
+6.5%
Washington County
+4.7%
Brooke County
-3.8%

How many homes are available in Brooke County, WV?

Number of Homes For Sale

Sep 2022Oct 2022%
5144-13.7%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 22
0.0%
2 65
-16.7%
3 2522
-12.0%
4 1412
-14.3%
5+ 43
-25.0%

Number of Homes Sold

Sep 2022Oct 2022%
114-63.6%

Asking Price vs. Sold Price

4 Homes Were 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 Brooke County, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
59 Days99 Days+67.8%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Brooke County, WV

Brooke County, WV has 44 homes for sale to choose from. The number of listings in Brooke County, WV decreased by 13.7% between September 2022 and October 2022. In October 2022 median list price was $120,000 and the average listing age was 99 days. Real estate listing prices changed between September 2022 and October 2022: the cost of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties decreased by 12.1%, prices of 3 bedrooms properties decreased by 3.6%, the cost of 4 bedrooms properties went up by 41.1%, prices of 5 bedrooms properties decreased by 28.9%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes inventory did not change, number of 2 bedrooms homes decreased by 16.7%, 3 bedrooms homes became 12% less available, the quantity of 4 bedrooms homes went down by 14.3%, 5 bedrooms homes inventory decreased by 25%. Over 0 listings were sold over their listed price in October 2022 in Brooke County, WV. In the same period over 4 listings were sold below the listed price and 0 listings were sold for the listed price.

Related Housing Market Reports