$5,699 Closing Credit*
$479,900
1,700 SqFt
3 Beds
•2 Full Baths
Amy Cooper, Listing Office: Gain Realty
Is Hedgesville, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Hedgesville has remained a Seller's Market.
Key Takeaway
Hedgesville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hedgesville, WV
How much do homes in Hedgesville, WV cost?
Median Sold Price
$337,905
$214/sqft
Based on all homes sold in September 2024.
Difference Since Last Month
+$25,540(+8.2%)
Key Takeaway
Homes in Hedgesville have sold for 8.2% more than they did a month ago.
Summary: The median home sold price in Hedgesville was $337,905 in September 2024, up 8.2% from last month, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $250K | $322K | +28.8% |
| 3 Bedrooms | $295K | $324.1K | +9.9% |
| 4 Bedrooms | $399.4K | $387.9K | -2.9% |
| 5+ Bedrooms | $545.7K | $675K | +23.7% |
Summary: Hedgesville housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 28.8%, 3 bedroom homes increased by 9.9%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes increased by 23.7%.
Housing Supply in Hedgesville, WV
How many homes are available in Hedgesville, WV?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 126 | 126 | 0.0% |
Summary: The Hedgesville real estate market had 126 homes for sale in September 2024, the same as August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 17 | 16 | -5.9% |
| 3 Bedrooms | 74 | 80 | +8.1% |
| 4 Bedrooms | 28 | 23 | -17.9% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Hedgesville housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 5.9%, 3 bedroom homes increased by 8.1%, 4 bedroom homes decreased by 17.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 39 | 22 | -43.6% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hedgesville, you may be able to get a good deal. 59.1% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in Hedgesville in September 2024, down by 43.6% month-over-month. Of the 22 sold homes, 59% were sold under asking, 18% were sold at asking, and 23% were sold over asking.
Days on Market for Hedgesville, WV
How long does it take to sell a home in Hedgesville, WV?
Average Sale Time
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 23 Days | 35 Days | +52.5% |
Summary: Homes in Hedgesville had an average of 35 days on market in Sep 2024, up by 52.5% compared to last month.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hedgesville are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 22 homes were sold in Hedgesville; 68% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
