Is Ranson, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Ranson has remained a Seller's Market.
Key Takeaway
Ranson is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ranson, WV
How much do homes in Ranson, WV cost?
Median Sold Price
$299,000
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Ranson have sold for 8.7% more than they did a year ago.
Summary: The median home sold price in Ranson was $299,000 in June 2024, up 8.7% from last year, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $135K | $180K | +33.3% |
| 2 Bedrooms | $197K | $224.9K | +14.2% |
| 3 Bedrooms | $266K | $285K | +7.1% |
| 4 Bedrooms | $389K | $383K | -1.5% |
| 5+ Bedrooms | $445K | $415.9K | -6.5% |
Summary: Ranson housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 14.2%, 3 bedroom homes increased by 7.1%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes decreased by 6.5%.
Median Sold Price Compared To Nearby Cities
| Ranson | $275K | $299K | +8.7% |
| Middleway | $367K | $386K | +5.2% |
| Kearneysville | $370K | $387.6K | +4.8% |
Housing Supply in Ranson, WV
How many homes are available in Ranson, WV?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 37 | 35 | -5.4% |
Summary: The Ranson real estate market had 35 homes for sale in June 2024, a 5.4% decrease compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 14 | 17 | +21.4% |
| 4 Bedrooms | 15 | 8 | -46.7% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Ranson housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 21.4%, 4 bedroom homes decreased by 46.7%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 14 | 6 | -57.1% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Ranson, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 6 homes were sold or pending in Ranson in June 2024, down by 57.1% month-over-month. Of the 6 sold homes, 17% were sold under asking, 67% were sold at asking, and 17% were sold over asking.
Days on Market for Ranson, WV
How long does it take to sell a home in Ranson, WV?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 15 Days | 36 Days | +132.9% |
Summary: Homes in Ranson had an average of 36 days on market in Jun 2024, up by 132.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ranson are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 6 homes were sold in Ranson; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
