Is Lost River, 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, Lost River was a Buyer's Market.
Key Takeaway
Lost River is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Lost River, WV
How much do homes in Lost River, WV cost?
Median Sold Price
$435,000
$278/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Lost River have sold for 31.6% more than they did a year ago.
Summary: The median home sold price in Lost River was $435,000 in March 2024, up 31.6% from last year, and the median price per square foot was $278.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $150K | N/A |
| 2 Bedrooms | $303K | $297K | -2.0% |
| 3 Bedrooms | $362K | $334K | -7.7% |
| 4 Bedrooms | $415.9K | $515K | +23.8% |
| 5+ Bedrooms | - | $600K | N/A |
Summary: Lost River 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 decreased by 2%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes increased by 23.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Baker | $250K | $580K | +132.0% |
| Lost River | $330.4K | $435K | +31.6% |
| Basye | $300K | $300K | 0.0% |
Housing Supply in Lost River, WV
How many homes are available in Lost River, WV?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 29 | 31 | +6.9% |
Summary: The Lost River real estate market had 31 homes for sale in March 2024, a 6.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 11 | 13 | +18.2% |
| 4 Bedrooms | 9 | 9 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Lost River 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 remained the same, 3 bedroom homes increased by 18.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 0 | 5 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lost River, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Lost River in March 2024, up by 100.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for Lost River, WV
How long does it take to sell a home in Lost River, WV?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 43 Days | 120 Days | +176.3% |
Summary: Homes in Lost River had an average of 120 days on market in Mar 2024, up by 176.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lost River are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 5 homes were sold in Lost River; 60% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
