Is Hancock County, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Hancock County has remained a Seller's Market.
Key Takeaway
Hancock County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hancock County, WV
How much do homes in Hancock County, WV cost?
Median Sold Price
$139,000
$92/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Hancock County have sold for 8.2% more than they did a year ago.
Summary: The median home sold price in Hancock County was $139,000 in March 2024, up 8.2% from last year, and the median price per square foot was $92.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $39.5K | $62.5K | +58.2% |
| 2 Bedrooms | $93.2K | $83.5K | -10.5% |
| 3 Bedrooms | $143K | $152K | +6.3% |
| 4 Bedrooms | $124K | $137.4K | +10.8% |
| 5+ Bedrooms | $127.5K | $155K | +21.6% |
Summary: Hancock County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 58.2%, 2 bedroom homes decreased by 10.5%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes increased by 21.6%.
Median Sold Price Compared To Nearby Counties
| Hancock County | $128.5K | $139K | +8.2% |
| Columbiana County | $150K | $161.6K | +7.8% |
| Beaver County | $179.3K | $181.1K | +1.0% |
| Jefferson County | $129K | $130.1K | +0.9% |
| Brooke County | $130K | $125K | -3.8% |
Housing Supply in Hancock County, WV
How many homes are available in Hancock County, WV?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 92 | 113 | +22.8% |
Summary: The Hancock County real estate market had 113 homes for sale in March 2024, a 22.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 16 | 23 | +43.8% |
| 3 Bedrooms | 48 | 62 | +29.2% |
| 4 Bedrooms | 19 | 20 | +5.3% |
| 5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The Hancock County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 43.8%, 3 bedroom homes increased by 29.2%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 12 | 22 | +83.3% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hancock County, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in Hancock County in March 2024, up by 83.3% month-over-month. Of the 22 sold homes, 64% were sold under asking, 23% were sold at asking, and 14% were sold over asking.
Days on Market for Hancock County, WV
How long does it take to sell a home in Hancock County, WV?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 117 Days | 97 Days | -16.8% |
Summary: Homes in Hancock County had an average of 97 days on market in Mar 2024, down by 16.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Hancock County has remained consistent over time.
Summary: During March 2024, 22 homes were sold in Hancock County; 5% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 45% of homes were sold over 90 days.
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