Is Bunker Hill, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Bunker Hill has remained a Buyer's Market.
Housing Prices in Bunker Hill, WV
How much do homes in Bunker Hill, WV cost?
Median Sold Price
$315,000
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Bunker Hill was $315,000 in February 2024, up 12.3% from last year, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $160K | - | N/A |
2 Bedrooms | $209.9K | $250K | +19.1% |
3 Bedrooms | $248K | $285K | +14.9% |
4 Bedrooms | $345K | $357.4K | +3.6% |
5+ Bedrooms | $375K | $340K | -9.3% |
Summary: Bunker Hill housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 19.1%, 3 bedroom homes increased by 14.9%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes decreased by 9.3%.
Median Sold Price Compared To Nearby Cities
Bunker Hill | $280.5K | $315K | +12.3% |
Shenandoah | $285K | $305.9K | +7.4% |
Inwood | $290K | $305.2K | +5.3% |
Middleway | $380K | $390K | +2.6% |
Kearneysville | $366K | $375K | +2.5% |
Housing Supply in Bunker Hill, WV
How many homes are available in Bunker Hill, WV?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
41 | 42 | +2.4% |
Summary: The Bunker Hill real estate market had 42 homes for sale in February 2024, a 2.4% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 3 | +50.0% |
3 Bedrooms | 22 | 24 | +9.1% |
4 Bedrooms | 13 | 11 | -15.4% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Bunker Hill housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
6 | 5 | -16.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Bunker Hill in February 2024, down by 16.7% month-over-month. Of the 5 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% 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
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
38 Days | 16 Days | -58.3% |
Summary: Homes in Bunker Hill had an average of 16 days on market in Feb 2024, down by 58.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 5 homes were sold in Bunker Hill; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.