Is Central, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Central has remained a Seller's Market.
Key Takeaway
Central is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Central, WV
How much do homes in Central, WV cost?
Median Sold Price
$119,450
$108/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Central have sold for 51.6% less than they did a month ago.
Summary: The median home sold price in Central was $119,450 in April 2024, down 51.6% from last month, and the median price per square foot was $108.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $249K | - | N/A |
| 3 Bedrooms | - | $119.4K | N/A |
| 4 Bedrooms | $245K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Central housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Central | $247K | $119.4K | -51.6% |
| Franklin | $247K | $119.4K | -51.6% |
Housing Supply in Central, WV
How many homes are available in Central, WV?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 11 | 9 | -18.2% |
Summary: The Central real estate market had 9 homes for sale in April 2024, a 18.2% decrease 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 | 2 | 1 | -50.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 1 | 1 | 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 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Central, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Central in April 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% 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
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 17 Days | 12 Days | -31.4% |
Summary: Homes in Central had an average of 12 days on market in Apr 2024, down by 31.4% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Central are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 2 homes were sold in Central; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
