Is Mason County, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Mason County has remained a Seller's Market.
Housing Prices in Mason County, WV
How much do homes in Mason County, WV cost?
Median Sold Price
$145,000
$88/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Mason County was $145,000 in March 2024, up 9.4% from last year, and the median price per square foot was $88.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $40K | $106.5K | +166.3% |
2 Bedrooms | $78.5K | $90K | +14.6% |
3 Bedrooms | $135K | $146K | +8.1% |
4 Bedrooms | $165K | $175K | +6.1% |
5+ Bedrooms | $305K | $270K | -11.5% |
Summary: Mason County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 166.3%, 2 bedroom homes increased by 14.6%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes decreased by 11.5%.
Median Sold Price Compared To Nearby Counties
Mason County | $132.5K | $145K | +9.4% |
Jackson County | $175.7K | $185K | +5.3% |
Putnam County | $257K | $259.9K | +1.1% |
Housing Supply in Mason County, WV
How many homes are available in Mason County, WV?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
37 | 28 | -24.3% |
Summary: The Mason County real estate market had 28 homes for sale in March 2024, a 24.3% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 5 | 5 | 0.0% |
3 Bedrooms | 13 | 10 | -23.1% |
4 Bedrooms | 16 | 11 | -31.3% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Mason County 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 decreased by 23.1%, 4 bedroom homes decreased by 31.3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
13 | 6 | -53.8% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Mason County in March 2024, down by 53.8% 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 Mason County, WV
How long does it take to sell a home in Mason County, WV?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
71 Days | 36 Days | -49.6% |
Summary: Homes in Mason County had an average of 36 days on market in Mar 2024, down by 49.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in Mason County; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.