Is Kearneysville, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
Since last year, Kearneysville has remained a Buyer's Market.
Key Takeaway
Kearneysville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Kearneysville, WV
How much do homes in Kearneysville, WV cost?
Median Sold Price
$370,000
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Key Takeaway
Homes in Kearneysville have sold for 1.3% less than they did a year ago.
Summary: The median home sold price in Kearneysville was $370,000 in November 2023, down 1.3% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $160K | - | N/A |
| 2 Bedrooms | $187.5K | $289.5K | +54.4% |
| 3 Bedrooms | $306K | $317.6K | +3.8% |
| 4 Bedrooms | $420K | $426.7K | +1.6% |
| 5+ Bedrooms | $479.4K | $485K | +1.2% |
Summary: Kearneysville housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 54.4%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes increased by 1.2%.
Median Sold Price Compared To Nearby Cities
| Shenandoah | $285K | $304.5K | +6.8% |
| Ranson | $265.5K | $281.7K | +6.1% |
| Inwood | $289.9K | $301.5K | +4.0% |
| Middleway | $370.5K | $369K | -0.4% |
| Kearneysville | $374.9K | $370K | -1.3% |
Housing Supply in Kearneysville, WV
How many homes are available in Kearneysville, WV?
Number of Homes For Sale
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 43 | 36 | -16.3% |
Summary: The Kearneysville real estate market had 36 homes for sale in November 2023, a 16.3% decrease compared to October 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 20 | 13 | -35.0% |
| 4 Bedrooms | 14 | 14 | 0.0% |
| 5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The Kearneysville housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 35%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 12 | 3 | -75.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kearneysville, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Kearneysville in November 2023, down by 75.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for Kearneysville, WV
How long does it take to sell a home in Kearneysville, WV?
Average Sale Time
| Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|
| 51 Days | 28 Days | -45.5% |
Summary: Homes in Kearneysville had an average of 28 days on market in Nov 2023, down by 45.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Kearneysville are selling fast, if you're buying plan to act quickly.
Summary: During November 2023, 3 homes were sold in Kearneysville; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
