Is Central, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Central has remained a Seller's Market.
Housing Prices in Central, WV
How much do homes in Central, WV cost?
Median Sold Price
$89,500
$60/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Central was $89,500 in April 2024, down 3.2% from last year, and the median price per square foot was $60.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $20K | $59.9K | +199.5% |
2 Bedrooms | $69.9K | $70K | 0.1% |
3 Bedrooms | $90K | $115K | +27.8% |
4 Bedrooms | $182.5K | $99K | -45.8% |
5+ Bedrooms | $107K | $182K | +70.1% |
Summary: Central housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 199.5%, 2 bedroom homes increased by 0.1%, 3 bedroom homes increased by 27.8%, 4 bedroom homes decreased by 45.8%, and 5+ bedroom homes increased by 70.1%.
Median Sold Price Compared To Nearby Cities
Logan | $85K | $86K | +1.2% |
Central | $92.5K | $89.5K | -3.2% |
Housing Supply in Central, WV
How many homes are available in Central, WV?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 13 | +18.2% |
Summary: The Central real estate market had 13 homes for sale in April 2024, a 18.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 1 | -66.7% |
3 Bedrooms | 5 | 9 | +80.0% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Central housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 66.7%, 3 bedroom homes increased by 80%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 3 | -25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Central in April 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Central, WV
How long does it take to sell a home in Central, WV?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
29 Days | 51 Days | +75.1% |
Summary: Homes in Central had an average of 51 days on market in Apr 2024, up by 75.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Central; 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.