Is Middleway, WV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Middleway is a seller's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Middleway was a Buyer's Market.

Key Takeaway

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

Housing Prices in Middleway, WV

How much do homes in Middleway, WV cost?

Median Sold Price

$390,000

$187/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$10,000(+2.6%)

Key Takeaway

Homes in Middleway have sold for 2.6% more than they did a year ago.

Summary: The median home sold price in Middleway was $390,000 in March 2024, up 2.6% from last year, and the median price per square foot was $187.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $160K-
N/A
2 $262K$324.2K
+23.8%
3 $299.9K$313.5K
+4.5%
4 $499.9K$520K
+4.0%
5+ $462.5K$484K
+4.6%

Summary: Middleway 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 23.8%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 4.6%.

Median Sold Price Compared To Nearby Cities

Summit Point
+35.7%
Ranson
+10.7%
Shenandoah
+6.4%
Kearneysville
+4.5%
Middleway
+2.6%

Housing Supply in Middleway, WV

How many homes are available in Middleway, WV?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
4650+8.7%

Summary: The Middleway real estate market had 50 homes for sale in March 2024, a 8.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 2322
-4.3%
4 1721
+23.5%
5+ 66
0.0%

Summary: The Middleway 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 decreased by 4.3%, 4 bedroom homes increased by 23.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
39+200.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Middleway, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Middleway in March 2024, up by 200.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 33% were sold at asking, and 11% were sold over asking.

Days on Market for Middleway, WV

How long does it take to sell a home in Middleway, WV?

Average Sale Time

Mar 2023Mar 2024CHANGE
28 Days55 Days+94.8%

Summary: Homes in Middleway had an average of 55 days on market in Mar 2024, up by 94.8% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Middleway are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 9 homes were sold in Middleway; 56% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 22% 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 21 Days Ago

Newest Listings in Middleway, WV

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