Is Brooke County, 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, 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.
Housing Prices in Brooke County, WV
How much do homes in Brooke County, WV cost?
Median Sold Price
$125,000
$85/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Brooke County have sold for 3.8% less than they did a year ago.
Summary: The median home sold price in Brooke County was $125,000 in March 2024, down 3.8% from last year, and the median price per square foot was $85.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $93K | N/A |
| 2 Bedrooms | $85.9K | $87.5K | +1.9% |
| 3 Bedrooms | $132.5K | $135K | +1.9% |
| 4 Bedrooms | $223K | $167.5K | -24.9% |
| 5+ Bedrooms | $140K | $335K | +139.3% |
Summary: Brooke County 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 1.9%, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 24.9%, and 5+ bedroom homes increased by 139.3%.
Median Sold Price Compared To Nearby Counties
| Hancock County | $128.5K | $139K | +8.2% |
| Washington County | $239.2K | $245.3K | +2.6% |
| Jefferson County | $129K | $130.1K | +0.9% |
| Brooke County | $130K | $125K | -3.8% |
Housing Supply in Brooke County, WV
How many homes are available in Brooke County, WV?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 49 | 44 | -10.2% |
Summary: The Brooke County real estate market had 44 homes for sale in March 2024, a 10.2% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 9 | 8 | -11.1% |
| 3 Bedrooms | 26 | 22 | -15.4% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Brooke County 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 decreased by 11.1%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 8 | 6 | -25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Brooke County, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 6 homes were sold or pending in Brooke County in March 2024, down by 25.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for Brooke County, WV
How long does it take to sell a home in Brooke County, WV?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 89 Days | 71 Days | -19.7% |
Summary: Homes in Brooke County had an average of 71 days on market in Mar 2024, down by 19.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Brooke County are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 6 homes were sold in Brooke County; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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