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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jackson County is a seller's market

Buyer's
Market

Difference Since August 2021

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

Key Takeaway

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

How much do homes in Jackson County, WV cost?

Median Sold Price

$175,000

$96/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2021

+$25,000(+16.7%)

Key Takeaway

Homes in Jackson County have sold for 16.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSAug 2021Aug 2022%
1 -$80K
N/A
2 $100.1K$94.5K
-5.6%
3 $139K$167K
+20.1%
4 $205K$208.2K
+1.6%
5+ $194.7K$245K
+25.8%

Median Sold Price Compared To Nearby Counties

Wirt County
+60.3%
Jackson County
+16.7%
Mason County
+8.0%

How many homes are available in Jackson County, WV?

Number of Homes For Sale

Jul 2022Aug 2022%
62620.0%

Homes For Sale By Bedroom Count

# BEDSJul 2022Aug 2022%
1 00
0.0%
2 613
+116.7%
3 3935
-10.3%
4 117
-36.4%
5+ 67
+16.7%

Number of Homes Sold

Jul 2022Aug 2022%
1911-42.1%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jackson County, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.

Average Sale Time

Aug 2021Aug 2022%
43 Days17 Days-58.4%

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Jackson 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 Jackson County, WV

Number of homes for sale in Jackson County, WV real estate market have reached 62. In August 2022 median list price was $175,000 and the average listing age was 17 days. Listing prices have changed in this real estate market between July 2022 and August 2022: the cost of 1 bedroom properties went up by 0%, 2 bedrooms properties became 5.6% more cheaper, 3 bedrooms properties prices increased by 20.1%, the cost of 4 bedrooms properties went up by 1.6%, 5 bedrooms properties prices increased by 25.8%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes did not move, 2 bedrooms homes inventory increased by 116.7%, the quantity of 3 bedrooms homes went down by 10.3%, number of 4 bedrooms homes decreased by 36.4%, volume of 5 bedrooms homes went up by 16.7%. While more than 4 listings in Jackson County, WV in August 2022 were sold above asking price, there were more than 1 listings sold at asking price, and more than 6 were sold below.

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