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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Poca is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Poca has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Poca, WV

How much do homes in Poca, WV cost?

Median Sold Price

$189,000

$110/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$8,450(-4.3%)

Key Takeaway

Homes in Poca have sold for 4.3% less than they did a month ago.

Summary: The median home sold price in Poca was $189,000 in April 2024, down 4.3% from last month, and the median price per square foot was $110.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $105K$172K
+63.8%
4 $289.9K-
N/A
5+ -$201K
N/A

Summary: Poca 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 increased by 63.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Pocatalico
+5.8%
Poca
-4.3%

Housing Supply in Poca, WV

How many homes are available in Poca, WV?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
78+14.3%

Summary: The Poca real estate market had 8 homes for sale in April 2024, a 14.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 44
0.0%
4 22
0.0%
5+ 12
+100.0%

Summary: The Poca housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Poca, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Poca in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.

Days on Market for Poca, WV

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

Average Sale Time

Mar 2024Apr 2024CHANGE
22 Days6 Days-72.7%

Summary: Homes in Poca had an average of 6 days on market in Apr 2024, down by 72.7% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 3 homes were sold in Poca; 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.

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

Report Updated 14 Days Ago

Newest Listings in Poca, WV

Nearby Markets to Poca, WV

What housing markets are near Poca, WV?