Is Hurricane, 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, Hurricane has remained a Seller's Market.
Housing Prices in Hurricane, WV
How much do homes in Hurricane, WV cost?
Median Sold Price
$270,000
$134/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Hurricane was $270,000 in March 2024, up 23.4% from last year, and the median price per square foot was $134.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $137K | N/A |
2 Bedrooms | $85.9K | $169.5K | +97.1% |
3 Bedrooms | $163K | $230K | +41.1% |
4 Bedrooms | $280K | $374.9K | +33.9% |
5+ Bedrooms | $390.5K | $426K | +9.1% |
Summary: Hurricane housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 97.1%, 3 bedroom homes increased by 41.1%, 4 bedroom homes increased by 33.9%, and 5+ bedroom homes increased by 9.1%.
Housing Supply in Hurricane, WV
How many homes are available in Hurricane, WV?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
50 | 49 | -2.0% |
Summary: The Hurricane real estate market had 49 homes for sale in March 2024, a 2.0% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 5 | +150.0% |
3 Bedrooms | 28 | 19 | -32.1% |
4 Bedrooms | 16 | 20 | +25.0% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Hurricane 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 150%, 3 bedroom homes decreased by 32.1%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
17 | 12 | -29.4% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Hurricane in March 2024, down by 29.4% month-over-month. Of the 12 sold homes, 42% were sold under asking, 25% were sold at asking, and 33% were sold over asking.
Days on Market for Hurricane, WV
How long does it take to sell a home in Hurricane, WV?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
24 Days | 30 Days | +26.4% |
Summary: Homes in Hurricane had an average of 30 days on market in Mar 2024, up by 26.4% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 12 homes were sold in Hurricane; 67% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.