Is Bunker Hill, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
Since last year, Bunker Hill has remained a Seller's Market.
Key Takeaway
Bunker Hill is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bunker Hill, WV
How much do homes in Bunker Hill, WV cost?
Median Sold Price
$314,000
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Key Takeaway
Homes in Bunker Hill have sold for 8.3% more than they did a year ago.
Summary: The median home sold price in Bunker Hill was $314,000 in November 2023, up 8.3% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $160K | - | N/A |
| 2 Bedrooms | $209.9K | $265K | +26.3% |
| 3 Bedrooms | $265.5K | $280.5K | +5.6% |
| 4 Bedrooms | $336.5K | $355K | +5.5% |
| 5+ Bedrooms | $455K | $327.5K | -28.0% |
Summary: Bunker Hill housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 26.3%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes decreased by 28%.
Median Sold Price Compared To Nearby Cities
| Bunker Hill | $290K | $314K | +8.3% |
| Shenandoah | $285K | $304.5K | +6.8% |
| Inwood | $289.9K | $301.5K | +4.0% |
| Middleway | $370.5K | $369K | -0.4% |
| Kearneysville | $374.9K | $370K | -1.3% |
Housing Supply in Bunker Hill, WV
How many homes are available in Bunker Hill, WV?
Number of Homes For Sale
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 37 | 35 | -5.4% |
Summary: The Bunker Hill real estate market had 35 homes for sale in November 2023, a 5.4% decrease compared to October 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 20 | 19 | -5.0% |
| 4 Bedrooms | 9 | 8 | -11.1% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Bunker Hill housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 5%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 10 | 7 | -30.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Bunker Hill, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Bunker Hill in November 2023, down by 30.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% were sold over asking.
Days on Market for Bunker Hill, WV
How long does it take to sell a home in Bunker Hill, WV?
Average Sale Time
| Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|
| 16 Days | 30 Days | +87.6% |
Summary: Homes in Bunker Hill had an average of 30 days on market in Nov 2023, up by 87.6% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Bunker Hill are selling fast, if you're buying plan to act quickly.
Summary: During November 2023, 7 homes were sold in Bunker Hill; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
