Is Delray, 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, Delray has remained a Seller's Market.
Key Takeaway
Delray is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Delray, WV
How much do homes in Delray, WV cost?
Median Sold Price
$162,500
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Delray have sold for 27.2% more than they did a year ago.
Summary: The median home sold price in Delray was $162,500 in April 2024, up 27.2% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $100.5K | - | N/A |
| 2 Bedrooms | $137.5K | $162.5K | +18.2% |
| 3 Bedrooms | $330K | $115K | -65.2% |
| 4 Bedrooms | $269.9K | $599K | +121.9% |
| 5+ Bedrooms | $99.9K | - | N/A |
Summary: Delray housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18.2%, 3 bedroom homes decreased by 65.2%, 4 bedroom homes increased by 121.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Sherman | $175K | $230K | +31.4% |
| Delray | $127.7K | $162.5K | +27.2% |
Housing Supply in Delray, WV
How many homes are available in Delray, WV?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Summary: The Delray real estate market had 2 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Delray 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Delray, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Delray in April 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Delray, WV
How long does it take to sell a home in Delray, WV?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 147 Days | 8 Days | -94.6% |
Summary: Homes in Delray had an average of 8 days on market in Apr 2024, down by 94.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Delray are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 1 homes were sold in Delray; 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.
