Is Kabletown, WV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kabletown is a seller's market

Buyer's
Market

Difference Since August 2021

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

Key Takeaway

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

How much do homes in Kabletown, WV cost?

Median Sold Price

$355,000

$157/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2021

+$30,000(+9.2%)

Key Takeaway

Homes in Kabletown have sold for 9.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSAug 2021Aug 2022%
1 $75.1K$129.5K
+72.4%
2 $200K$270K
+35.0%
3 $270K$329.9K
+22.2%
4 $400K$401K
0.3%
5+ $425K$413.7K
-2.6%

Median Sold Price Compared To Nearby Cities

Kabletown
+9.2%
Charles Town
+8.5%
Middleway
-6.8%

How many homes are available in Kabletown, WV?

Number of Homes For Sale

Jul 2022Aug 2022%
6389+41.3%

Homes For Sale By Bedroom Count

# BEDSJul 2022Aug 2022%
1 00
0.0%
2 89
+12.5%
3 3552
+48.6%
4 1621
+31.3%
5+ 47
+75.0%

Number of Homes Sold

Jul 2022Aug 2022%
320+566.7%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kabletown, you could pay more than the asking price. 45% of homes here sold above asking price last month.

Average Sale Time

Aug 2021Aug 2022%
38 Days13 Days-64.3%

Breakdown of Home Sale Times

17 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 Kabletown 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 Kabletown, WV

Kabletown, WV has 89 homes on the market. The number of listings in Kabletown, WV increased by 41.3% between July 2022 and August 2022. In August 2022, listings were on the market for 13 days. During the same period, the median list price in this real estate market was $355,000. Real estate listing prices changed between July 2022 and August 2022: prices of 1 bedroom properties increased by 72.4%, the cost of 2 bedrooms properties went up by 35%, 3 bedrooms properties prices increased by 22.2%, 4 bedrooms properties became 0.3% more expensive, prices of 5 bedrooms properties decreased by 2.6%. This housing market inventory have changed: number of 1 bedroom homes remained the same, number of 2 bedrooms homes increased by 12.5%, number of 3 bedrooms homes increased by 48.6%, the quantity of 4 bedrooms homes went up by 31.3%, the quantity of 5 bedrooms homes went up by 75%. While more than 9 listings in Kabletown, WV in August 2022 were sold above asking price, there were more than 6 listings sold at asking price, and more than 5 were sold below.

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