Is Paw Paw, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Paw Paw has remained a Buyer's Market.
Key Takeaway
Paw Paw is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Paw Paw, WV
How much do homes in Paw Paw, WV cost?
Median Sold Price
$525,000
$426/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Paw Paw have sold for 169.2% more than they did a month ago.
Summary: The median home sold price in Paw Paw was $525,000 in April 2024, up 169.2% from last month, and the median price per square foot was $426.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $525K | N/A |
| 3 Bedrooms | $195K | - | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Paw Paw housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Paw Paw, WV
How many homes are available in Paw Paw, WV?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 11 | 14 | +27.3% |
Summary: The Paw Paw real estate market had 14 homes for sale in April 2024, a 27.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Paw Paw housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Paw Paw, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Paw Paw in April 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Paw Paw, WV
How long does it take to sell a home in Paw Paw, WV?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 16 Days | 26 Days | +62.5% |
Summary: Homes in Paw Paw had an average of 26 days on market in Apr 2024, up by 62.5% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Paw Paw are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 1 homes were sold in Paw Paw; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
