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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hancock County is a seller's market

Buyer's
Market

Difference Since September 2021

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.

How much do homes in Hancock County, WV cost?

Median Sold Price

$132,000

$88/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$11,812(+9.8%)

Key Takeaway

Homes in Hancock County have sold for 9.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 $23K$50K
+117.4%
2 $80K$83.7K
+4.7%
3 $129.4K$145K
+12.0%
4 $135K$141.5K
+4.8%
5+ $116.7K$156K
+33.6%

Median Sold Price Compared To Nearby Counties

Jefferson County
+11.2%
Hancock County
+9.8%
Columbiana County
+8.8%
Beaver County
+6.1%
Brooke County
-10.4%

How many homes are available in Hancock County, WV?

Number of Homes For Sale

Aug 2022Sep 2022%
132131-0.8%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 32
-33.3%
2 2424
0.0%
3 8182
+1.2%
4 1716
-5.9%
5+ 77
0.0%

Number of Homes Sold

Aug 2022Sep 2022%
26260.0%

Asking Price vs. Sold Price

17 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 Hancock County, you may be able to get a good deal. 65.4% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Sep 2022%
61 Days56 Days-7.9%

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Hancock County has remained consistent over time.

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

About Hancock County, WV

Number of homes for sale in Hancock County, WV real estate market have reached 131. The number of homes for sale in Hancock County, WV decreased by 0.8% between August 2022 and September 2022. The median list price of listings available in September 2022 was $132,000, while the average time on the real estate market was 56 days. Real estate listing prices changed between August 2022 and September 2022: 1 bedroom properties became 117.4% more expensive, prices of 2 bedrooms properties went up by 4.7%, 3 bedrooms properties prices increased by 12%, prices of 4 bedrooms properties increased by 4.8%, the cost of 5 bedrooms properties went up by 33.6%. The following changes in the number of homes for sale were observed in this housing market: volume of 1 bedroom homes went down by 33.3%, volume of 2 bedrooms homes stayed the same, volume of 3 bedrooms homes went up by 1.2%, 4 bedrooms homes inventory decreased by 5.9%, the quantity of 5 bedrooms homes have not changed. Over 6 listings were sold over their listed price in September 2022 in Hancock County, WV. In the same period over 17 listings were sold below the listed price and 3 listings were sold for the listed price.

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