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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mason County is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Mason County, WV

How much do homes in Mason County, WV cost?

Median Sold Price

$150,000

$105/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$11,000(+7.9%)

Key Takeaway

Homes in Mason County have sold for 7.9% more than they did a year ago.

Summary: The median home sold price in Mason County was $150,000 in September 2024, up 7.9% from last year, and the median price per square foot was $105.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $105K$66.5K
-36.7%
2 $65K$101.5K
+56.2%
3 $141K$150K
+6.4%
4 $172.5K$279K
+61.7%
5+ $201K$270K
+34.3%

Summary: Mason County housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 36.7%, 2 bedroom homes increased by 56.2%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 61.7%, and 5+ bedroom homes increased by 34.3%.

Median Sold Price Compared To Nearby Counties

Jackson County
+10.5%
Putnam County
+8.1%
Mason County
+7.9%

Housing Supply in Mason County, WV

How many homes are available in Mason County, WV?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
5144-13.7%

Summary: The Mason County real estate market had 44 homes for sale in September 2024, a 13.7% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 11
0.0%
2 128
-33.3%
3 2419
-20.8%
4 1213
+8.3%
5+ 23
+50.0%

Summary: The Mason County housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 20.8%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
14140.0%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mason County, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in Mason County in September 2024, the same as the previous month. Of the 14 sold homes, 86% were sold under asking, 14% 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

Sep 2023Sep 2024CHANGE
60 Days52 Days-13.0%

Summary: Homes in Mason County had an average of 52 days on market in Sep 2024, down by 13% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Mason County has remained consistent over time.

Summary: During September 2024, 14 homes were sold in Mason County; 36% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 30 Days Ago

Newest Listings in Mason County, WV

Nearby Markets to Mason County, WV

What housing markets are near Mason County, WV?