Is Parkersburg, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2022
Since last year, Parkersburg has remained a Seller's Market.
Key Takeaway
Parkersburg is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Parkersburg, WV cost?
Median Sold Price
$130,000
$89/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2022
+$10,000(+8.3%)
Key Takeaway
Homes in Parkersburg have sold for 8.3% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | May 2022 | May 2023 | % |
|---|---|---|---|
| 1 Bedroom | $52K | $62K | +19.2% |
| 2 Bedrooms | $81.5K | $89.9K | +10.3% |
| 3 Bedrooms | $125.2K | $132K | +5.4% |
| 4 Bedrooms | $144.9K | $179.9K | +24.1% |
| 5+ Bedrooms | $165K | $213.5K | +29.4% |
How many homes are available in Parkersburg, WV?
Number of Homes For Sale
| Apr 2023 | May 2023 | % |
|---|---|---|
| 142 | 154 | +8.5% |
Homes For Sale By Bedroom Count
| # BEDS | Apr 2023 | May 2023 | % |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 32 | 25 | -21.9% |
| 3 Bedrooms | 70 | 81 | +15.7% |
| 4 Bedrooms | 30 | 38 | +26.7% |
| 5+ Bedrooms | 9 | 10 | +11.1% |
Number of Homes Sold
| Apr 2023 | May 2023 | % |
|---|---|---|
| 30 | 44 | +46.7% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Parkersburg, you may be able to get a good deal. 52.3% of homes here sold below asking price last month.
How long does it take to sell a home in Parkersburg, WV?
How long does it take to sell a home in Parkersburg, WV?
Average Sale Time
| May 2022 | May 2023 | % |
|---|---|---|
| 57 Days | 60 Days | +5.8% |
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Parkersburg are selling fast, if you're buying plan to act quickly.
