Is Kabletown, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Kabletown was a Buyer's Market.
Housing Prices in Kabletown, WV
How much do homes in Kabletown, WV cost?
Median Sold Price
$376,022
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Kabletown was $376,022 in February 2024, down 2.3% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $387.5K | N/A |
2 Bedrooms | $240K | $257.5K | +7.3% |
3 Bedrooms | $349.9K | $355K | +1.4% |
4 Bedrooms | $449.5K | $467.5K | +4.0% |
5+ Bedrooms | $499K | $465.2K | -6.8% |
Summary: Kabletown housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.3%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 4%, and 5+ bedroom homes decreased by 6.8%.
Median Sold Price Compared To Nearby Cities
Charles Town | $360K | $370.2K | +2.8% |
Middleway | $380K | $390K | +2.6% |
Kearneysville | $366K | $375K | +2.5% |
Kabletown | $384.8K | $376K | -2.3% |
Housing Supply in Kabletown, WV
How many homes are available in Kabletown, WV?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
92 | 89 | -3.3% |
Summary: The Kabletown real estate market had 89 homes for sale in February 2024, a 3.3% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 8 | +14.3% |
3 Bedrooms | 42 | 43 | +2.4% |
4 Bedrooms | 40 | 35 | -12.5% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Kabletown housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 2.4%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
11 | 17 | +54.5% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Kabletown in February 2024, up by 54.5% month-over-month. Of the 17 sold homes, 41% were sold under asking, 41% were sold at asking, and 18% were sold over asking.
Days on Market for Kabletown, WV
How long does it take to sell a home in Kabletown, WV?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
57 Days | 32 Days | -44.0% |
Summary: Homes in Kabletown had an average of 32 days on market in Feb 2024, down by 44% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During February 2024, 17 homes were sold in Kabletown; 76% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.