Is Middleway, 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, Middleway was a Buyer's Market.
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
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
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $160K | - | N/A |
2 Bedrooms | $262K | $324.2K | +23.8% |
3 Bedrooms | $299.9K | $313.5K | +4.5% |
4 Bedrooms | $499.9K | $520K | +4.0% |
5+ Bedrooms | $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 | $403K | $546.7K | +35.7% |
Ranson | $266K | $294.5K | +10.7% |
Shenandoah | $286.6K | $305K | +6.4% |
Kearneysville | $366K | $382.5K | +4.5% |
Middleway | $380K | $390K | +2.6% |
Housing Supply in Middleway, WV
How many homes are available in Middleway, WV?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
46 | 50 | +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
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 23 | 22 | -4.3% |
4 Bedrooms | 17 | 21 | +23.5% |
5+ Bedrooms | 6 | 6 | 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 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 9 | +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
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 2023 | Mar 2024 | CHANGE |
---|---|---|
28 Days | 55 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
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.