Is Bunker Hill, WV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bunker Hill is a seller's market

Buyer's
Market

Difference Since August 2021

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.

How much do homes in Bunker Hill, WV cost?

Median Sold Price

$264,079

$152/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2021

+$15,629(+6.3%)

Key Takeaway

Homes in Bunker Hill have sold for 6.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSAug 2021Aug 2022%
1 --
N/A
2 $223K$229K
+2.7%
3 $220.9K$250K
+13.1%
4 $279.9K$320K
+14.3%
5+ $395K$350K
-11.4%

Median Sold Price Compared To Nearby Cities

Inwood
+19.1%
Shenandoah
+16.6%
Bunker Hill
+6.3%
Kearneysville
+3.9%
Middleway
-6.8%

How many homes are available in Bunker Hill, WV?

Number of Homes For Sale

Jul 2022Aug 2022%
3651+41.7%

Homes For Sale By Bedroom Count

# BEDSJul 2022Aug 2022%
1 00
0.0%
2 11
0.0%
3 2433
+37.5%
4 812
+50.0%
5+ 35
+66.7%

Number of Homes Sold

Jul 2022Aug 2022%
113+1200.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bunker Hill, you may be able to get a good deal. 38.5% of homes here sold below asking price last month.

Average Sale Time

Aug 2021Aug 2022%
5 Days11 Days+107.0%

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Bunker Hill 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 Bunker Hill, WV

There are 51 homes are for sale in Bunker Hill, WV real estate market. In August 2022 in Bunker Hill, WV there were 41.7% more homes for sale than in July 2022. In August 2022, listings were on the market for 11 days. During the same period, the median list price in this real estate market was $264,079. Listing prices have changed in this real estate market between July 2022 and August 2022: 1 bedroom properties prices increased by 0%, 2 bedrooms properties prices increased by 2.7%, the cost of 3 bedrooms properties went up by 13.1%, 4 bedrooms properties prices increased by 14.3%, 5 bedrooms properties became 11.4% more cheaper. Housing inventory have changed in this real estate market: 1 bedroom homes did not move, 2 bedrooms homes inventory did not change, number of 3 bedrooms homes increased by 37.5%, 4 bedrooms homes inventory increased by 50%, the quantity of 5 bedrooms homes went up by 66.7%. In August 2022 more than 4 listings in Bunker Hill, WV were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 5 were sold below.

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