Is Point Pleasant, 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, Point Pleasant was a Seller's Market.
Key Takeaway
Point Pleasant is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Point Pleasant, WV
How much do homes in Point Pleasant, WV cost?
Median Sold Price
$143,500
$88/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Point Pleasant have sold for 35.4% more than they did a year ago.
Summary: The median home sold price in Point Pleasant was $143,500 in March 2024, up 35.4% from last year, and the median price per square foot was $88.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $40K | - | N/A |
| 2 Bedrooms | $80K | $79K | -1.3% |
| 3 Bedrooms | $112K | $161K | +43.8% |
| 4 Bedrooms | $189.9K | $175K | -7.8% |
| 5+ Bedrooms | - | $235.5K | N/A |
Summary: Point Pleasant 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 decreased by 1.3%, 3 bedroom homes increased by 43.8%, 4 bedroom homes decreased by 7.8%, and 5+ bedroom homes did not change.
Housing Supply in Point Pleasant, WV
How many homes are available in Point Pleasant, WV?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 19 | 12 | -36.8% |
Summary: The Point Pleasant real estate market had 12 homes for sale in March 2024, a 36.8% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 6 | 5 | -16.7% |
| 4 Bedrooms | 9 | 5 | -44.4% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Point Pleasant 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 decreased by 50%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 44.4%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 8 | 1 | -87.5% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Point Pleasant, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Point Pleasant in March 2024, down by 87.5% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Point Pleasant, WV
How long does it take to sell a home in Point Pleasant, WV?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 41 Days | 5 Days | -88.0% |
Summary: Homes in Point Pleasant had an average of 5 days on market in Mar 2024, down by 88% compared to last year.
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 Point Pleasant are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 1 homes were sold in Point Pleasant; 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.
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