Is Cabell County, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Cabell County has remained a Seller's Market.
Key Takeaway
Cabell County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cabell County, WV
How much do homes in Cabell County, WV cost?
Median Sold Price
$205,000
$111/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Cabell County have sold for 3.5% more than they did a year ago.
Summary: The median home sold price in Cabell County was $205,000 in March 2024, up 3.5% from last year, and the median price per square foot was $111.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $34K | - | N/A |
| 2 Bedrooms | $110.2K | $121.5K | +10.2% |
| 3 Bedrooms | $177K | $186K | +5.1% |
| 4 Bedrooms | $291.5K | $255K | -12.5% |
| 5+ Bedrooms | $340.5K | $285K | -16.3% |
Summary: Cabell 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 10.2%, 3 bedroom homes increased by 5.1%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 16.3%.
Median Sold Price Compared To Nearby Counties
| Cabell County | $198K | $205K | +3.5% |
| Putnam County | $257K | $259.9K | +1.1% |
Housing Supply in Cabell County, WV
How many homes are available in Cabell County, WV?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 89 | 98 | +10.1% |
Summary: The Cabell County real estate market had 98 homes for sale in March 2024, a 10.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 15 | 16 | +6.7% |
| 3 Bedrooms | 43 | 44 | +2.3% |
| 4 Bedrooms | 24 | 28 | +16.7% |
| 5+ Bedrooms | 7 | 10 | +42.9% |
Summary: The Cabell 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 increased by 6.7%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 42.9%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 17 | 23 | +35.3% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cabell County, you may be able to get a good deal. 56.5% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in Cabell County in March 2024, up by 35.3% month-over-month. Of the 23 sold homes, 57% were sold under asking, 9% were sold at asking, and 35% were sold over asking.
Days on Market for Cabell County, WV
How long does it take to sell a home in Cabell County, WV?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 25 Days | 31 Days | +22.0% |
Summary: Homes in Cabell County had an average of 31 days on market in Mar 2024, up by 22% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Cabell County are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 23 homes were sold in Cabell County; 70% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.