Is Scott Depot, 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, Scott Depot has remained a Seller's Market.
Housing Prices in Scott Depot, WV
How much do homes in Scott Depot, WV cost?
Median Sold Price
$259,452
$131/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Scott Depot was $259,452 in March 2024, down 2.5% from last year, and the median price per square foot was $131.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $225.5K | $162.5K | -27.9% |
3 Bedrooms | $245K | $241.5K | -1.4% |
4 Bedrooms | $284.1K | $307.2K | +8.1% |
5+ Bedrooms | $405.5K | $604.9K | +49.2% |
Summary: Scott Depot 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 27.9%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes increased by 49.2%.
Housing Supply in Scott Depot, WV
How many homes are available in Scott Depot, WV?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
18 | 20 | +11.1% |
Summary: The Scott Depot real estate market had 20 homes for sale in March 2024, a 11.1% 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 | 2 | 1 | -50.0% |
3 Bedrooms | 5 | 5 | 0.0% |
4 Bedrooms | 9 | 10 | +11.1% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Scott Depot 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 remained the same, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 4 | -20.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Scott Depot in March 2024, down by 20.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Scott Depot, WV
How long does it take to sell a home in Scott Depot, WV?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
30 Days | 5 Days | -83.7% |
Summary: Homes in Scott Depot had an average of 5 days on market in Mar 2024, down by 83.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 4 homes were sold in Scott Depot; 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.