Is Shenandoah, 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, Shenandoah has remained a Buyer's Market.
Housing Prices in Shenandoah, WV
How much do homes in Shenandoah, WV cost?
Median Sold Price
$305,000
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Shenandoah was $305,000 in March 2024, up 6.4% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $184.7K | $207.5K | +12.3% |
2 Bedrooms | $220K | $228.5K | +3.9% |
3 Bedrooms | $265K | $290K | +9.4% |
4 Bedrooms | $344K | $350K | +1.7% |
5+ Bedrooms | $362.5K | $383.2K | +5.7% |
Summary: Shenandoah housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.3%, 2 bedroom homes increased by 3.9%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes increased by 5.7%.
Median Sold Price Compared To Nearby Cities
Bunker Hill | $286K | $313K | +9.4% |
Shenandoah | $286.6K | $305K | +6.4% |
Inwood | $290K | $305K | +5.2% |
Kearneysville | $366K | $382.5K | +4.5% |
Middleway | $380K | $390K | +2.6% |
Housing Supply in Shenandoah, WV
How many homes are available in Shenandoah, WV?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
176 | 192 | +9.1% |
Summary: The Shenandoah real estate market had 192 homes for sale in March 2024, a 9.1% increase 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 | 12 | 13 | +8.3% |
3 Bedrooms | 117 | 122 | +4.3% |
4 Bedrooms | 36 | 46 | +27.8% |
5+ Bedrooms | 10 | 10 | 0.0% |
Summary: The Shenandoah 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 8.3%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 27.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
29 | 23 | -20.7% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in Shenandoah in March 2024, down by 20.7% month-over-month. Of the 23 sold homes, 39% were sold under asking, 52% were sold at asking, and 9% were sold over asking.
Days on Market for Shenandoah, WV
How long does it take to sell a home in Shenandoah, WV?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
42 Days | 15 Days | -64.0% |
Summary: Homes in Shenandoah had an average of 15 days on market in Mar 2024, down by 64% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 23 homes were sold in Shenandoah; 78% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.