Is Kearneysville, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Kearneysville was a Neutral 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
$382,527
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Kearneysville have sold for 4.5% more than they did a year ago.
Summary: The median home sold price in Kearneysville was $382,527 in March 2024, up 4.5% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $160K | - | N/A |
| 2 Bedrooms | $262K | $280K | +6.9% |
| 3 Bedrooms | $299.9K | $332.4K | +10.9% |
| 4 Bedrooms | $414.9K | $460K | +10.9% |
| 5+ Bedrooms | $462.5K | $481.4K | +4.1% |
Summary: Kearneysville housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.9%, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 10.9%, and 5+ bedroom homes increased by 4.1%.
Median Sold Price Compared To Nearby Cities
| Ranson | $266K | $294.5K | +10.7% |
| Shenandoah | $286.6K | $305K | +6.4% |
| Inwood | $290K | $305K | +5.2% |
| Kearneysville | $366K | $382.5K | +4.5% |
| Middleway | $380K | $390K | +2.6% |
Housing Supply in Kearneysville, WV
How many homes are available in Kearneysville, WV?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 41 | 51 | +24.4% |
Summary: The Kearneysville real estate market had 51 homes for sale in March 2024, a 24.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 17 | 17 | 0.0% |
| 4 Bedrooms | 18 | 26 | +44.4% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Kearneysville housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 44.4%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 6 | +200.0% |
Asking Price vs. Sold Price
4 Homes Were 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, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Kearneysville in March 2024, up by 200.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 33% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 26 Days | 58 Days | +121.0% |
Summary: Homes in Kearneysville had an average of 58 days on market in Mar 2024, up by 121% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Kearneysville are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 6 homes were sold in Kearneysville; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
