$185,000
17.99 Acres
Land
Monica Renee Hess, Listing Office: Exit Success Realty
Is Great Cacapon, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Great Cacapon was a Seller's Market.
Key Takeaway
Great Cacapon is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Great Cacapon, WV
How much do homes in Great Cacapon, WV cost?
Median Sold Price
$235,000
$225/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
-$90,000(-27.7%)
Key Takeaway
Homes in Great Cacapon have sold for 27.7% less than they did a year ago.
Summary: The median home sold price in Great Cacapon was $235,000 in September 2024, down 27.7% from last year, and the median price per square foot was $225.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $230K | $165K | -28.3% |
| 2 Bedrooms | $295.1K | $220K | -25.4% |
| 3 Bedrooms | $350K | $289.9K | -17.2% |
| 4 Bedrooms | $428.7K | $345K | -19.5% |
| 5+ Bedrooms | - | - | N/A |
Summary: Great Cacapon housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 28.3%, 2 bedroom homes decreased by 25.4%, 3 bedroom homes decreased by 17.2%, 4 bedroom homes decreased by 19.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Berkeley Springs | $299.4K | $293.5K | -2.0% |
| Great Cacapon | $325K | $235K | -27.7% |
Housing Supply in Great Cacapon, WV
How many homes are available in Great Cacapon, WV?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 23 | 21 | -8.7% |
Summary: The Great Cacapon real estate market had 21 homes for sale in September 2024, a 8.7% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 9 | 7 | -22.2% |
| 3 Bedrooms | 12 | 12 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Great Cacapon housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 22.2%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
3 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 Great Cacapon, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Great Cacapon in September 2024, down by 25.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Great Cacapon, WV
How long does it take to sell a home in Great Cacapon, WV?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 9 Days | 27 Days | +190.8% |
Summary: Homes in Great Cacapon had an average of 27 days on market in Sep 2024, up by 190.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Great Cacapon are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 3 homes were sold in Great Cacapon; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
