Is Hampshire County, WV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hampshire County is a seller's market

Buyer's
Market

Difference Since September 2021

Since last year, Hampshire County has remained a Seller's Market.

Key Takeaway

Hampshire County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Hampshire County, WV cost?

Median Sold Price

$240,000

$144/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$40,050(+20.0%)

Key Takeaway

Homes in Hampshire County have sold for 20% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 $130K$119.5K
-8.1%
2 $148.3K$163.7K
+10.4%
3 $205K$253.5K
+23.7%
4 $235K$255K
+8.5%
5+ $344K$370K
+7.6%

Median Sold Price Compared To Nearby Counties

Hampshire County
+20.0%
Morgan County
+9.2%
Frederick County
+7.4%
Allegany County
+6.2%
Mineral County
-3.7%

How many homes are available in Hampshire County, WV?

Number of Homes For Sale

Aug 2022Sep 2022%
8891+3.4%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 510
+100.0%
2 2419
-20.8%
3 3644
+22.2%
4 1713
-23.5%
5+ 65
-16.7%

Number of Homes Sold

Aug 2022Sep 2022%
1521+40.0%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hampshire County, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Sep 2022%
43 Days43 Days-0.6%

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Hampshire County are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Hampshire County, WV

Number of homes for sale in Hampshire County, WV real estate market have reached 91. In September 2022 in Hampshire County, WV there were 3.4% more homes for sale than in August 2022. Listings spent 43 days on the market in September 2022, and had a median list price of $240,000 during the same period. From August 2022 through September 2022, the following changes in listing prices were observed in this housing market: 1 bedroom properties became 8.1% more cheaper, prices of 2 bedrooms properties went up by 10.4%, the cost of 3 bedrooms properties went up by 23.7%, 4 bedrooms properties prices increased by 8.5%, prices of 5 bedrooms properties increased by 7.6%. This housing market inventory have changed: 1 bedroom homes inventory increased by 100%, volume of 2 bedrooms homes went down by 20.8%, the quantity of 3 bedrooms homes went up by 22.2%, the quantity of 4 bedrooms homes went down by 23.5%, 5 bedrooms homes inventory decreased by 16.7%. Over 6 listings were sold over their listed price in September 2022 in Hampshire County, WV. In the same period over 12 listings were sold below the listed price and 3 listings were sold for the listed price.

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