Is Saint Albans, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Saint Albans has remained a Seller's Market.
Key Takeaway
Saint Albans is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Saint Albans, WV
How much do homes in Saint Albans, WV cost?
Median Sold Price
$152,000
$102/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Saint Albans have sold for 13% more than they did a year ago.
Summary: The median home sold price in Saint Albans was $152,000 in March 2024, up 13% from last year, and the median price per square foot was $102.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $41K | - | N/A |
| 2 Bedrooms | $107.5K | $127K | +18.1% |
| 3 Bedrooms | $135K | $157.7K | +16.9% |
| 4 Bedrooms | $179.9K | $215K | +19.5% |
| 5+ Bedrooms | $315K | $268.8K | -14.7% |
Summary: Saint Albans 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 increased by 18.1%, 3 bedroom homes increased by 16.9%, 4 bedroom homes increased by 19.5%, and 5+ bedroom homes decreased by 14.7%.
Housing Supply in Saint Albans, WV
How many homes are available in Saint Albans, WV?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 27 | 35 | +29.6% |
Summary: The Saint Albans real estate market had 35 homes for sale in March 2024, a 29.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 5 | +66.7% |
| 3 Bedrooms | 18 | 23 | +27.8% |
| 4 Bedrooms | 4 | 6 | +50.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Saint Albans 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 increased by 66.7%, 3 bedroom homes increased by 27.8%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 5 | 9 | +80.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Saint Albans, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Saint Albans in March 2024, up by 80.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 33% were sold at asking, and 11% were sold over asking.
Days on Market for Saint Albans, WV
How long does it take to sell a home in Saint Albans, WV?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 51 Days | 31 Days | -38.6% |
Summary: Homes in Saint Albans had an average of 31 days on market in Mar 2024, down by 38.6% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Saint Albans are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 9 homes were sold in Saint Albans; 67% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
