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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kanawha County is a seller's market

Buyer's
Market

Difference Since October 2021

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

Key Takeaway

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

How much do homes in Kanawha County, WV cost?

Median Sold Price

$154,988

$94/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$7,658(+5.2%)

Key Takeaway

Homes in Kanawha County have sold for 5.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $97.5K$75K
-23.1%
2 $85K$95K
+11.8%
3 $136.9K$145.8K
+6.5%
4 $203K$229.7K
+13.1%
5+ $366K$387.5K
+5.9%

Median Sold Price Compared To Nearby Counties

Boone County
+30.2%
Putnam County
+9.3%
Kanawha County
+5.2%

How many homes are available in Kanawha County, WV?

Number of Homes For Sale

Sep 2022Oct 2022%
5425430.2%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 1012
+20.0%
2 7478
+5.4%
3 283282
-0.4%
4 137138
+0.7%
5+ 3833
-13.2%

Number of Homes Sold

Sep 2022Oct 2022%
145129-11.0%

Asking Price vs. Sold Price

65 Homes Were Sold
Under Asking

29 Homes Were Sold
At Asking

35 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kanawha County, you may be able to get a good deal. 50.4% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
25 Days36 Days+41.5%

Breakdown of Home Sale Times

78 Homes Were Sold
Under 30 Days

38 Homes Were Sold
In 30 - 90 Days

13 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Kanawha 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 Kanawha County, WV

Homes for sale in Kanawha County, WV have reached 543. In October 2022 in Kanawha County, WV there were 0.2% more homes for sale than in September 2022. In October 2022 median list price was $154,988 and the average listing age was 36 days. Listing prices have changed in this real estate market between September 2022 and October 2022: 1 bedroom properties became 23.1% more cheaper, prices of 2 bedrooms properties increased by 11.8%, the cost of 3 bedrooms properties went up by 6.5%, 4 bedrooms properties became 13.1% more expensive, 5 bedrooms properties became 5.9% more expensive. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes inventory increased by 20%, 2 bedrooms homes inventory increased by 5.4%, number of 3 bedrooms homes decreased by 0.4%, volume of 4 bedrooms homes went up by 0.7%, number of 5 bedrooms homes decreased by 13.2%. In October 2022, from all listings sold in Kanawha County, WV there were more than 35 sold above asking price, over 65 sold below and more than 29 were sold right at the asked price.

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