Is Eastern, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Eastern was a Buyer's Market.
Housing Prices in Eastern, WV
How much do homes in Eastern, WV cost?
Median Sold Price
$178,000
$112/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Eastern was $178,000 in March 2024, up 7.9% from last year, and the median price per square foot was $112.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $69K | N/A |
2 Bedrooms | $130K | $107.5K | -17.3% |
3 Bedrooms | $162K | $195K | +20.4% |
4 Bedrooms | $217.5K | $200K | -8.0% |
5+ Bedrooms | $250K | $360K | +44.0% |
Summary: Eastern 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 decreased by 17.3%, 3 bedroom homes increased by 20.4%, 4 bedroom homes decreased by 8%, and 5+ bedroom homes increased by 44%.
Median Sold Price Compared To Nearby Cities
Eastern | $165K | $178K | +7.9% |
Ripley | $148.5K | $155.7K | +4.9% |
Western | $215K | $210K | -2.3% |
Housing Supply in Eastern, WV
How many homes are available in Eastern, WV?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
23 | 20 | -13.0% |
Summary: The Eastern real estate market had 20 homes for sale in March 2024, a 13.0% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 3 | 2 | -33.3% |
3 Bedrooms | 11 | 13 | +18.2% |
4 Bedrooms | 5 | 2 | -60.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Eastern housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 18.2%, 4 bedroom homes decreased by 60%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 7 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Eastern in March 2024, the same as the previous month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.
Days on Market for Eastern, WV
How long does it take to sell a home in Eastern, WV?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
1 Day | 14 Days | +1328.6% |
Summary: Homes in Eastern had an average of 14 days on market in Mar 2024, up by 1328.6% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 7 homes were sold in Eastern; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.