Is Shenandoah, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2022
At the same time last year, Shenandoah was a Seller's Market.
Key Takeaway
Shenandoah is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
How much do homes in Shenandoah, WV cost?
Median Sold Price
$285,000
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2022
Key Takeaway
Homes in Shenandoah have sold for 10.5% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Feb 2022 | Feb 2023 | % |
|---|---|---|---|
| 1 Bedroom | $171.7K | $160K | -6.8% |
| 2 Bedrooms | $185.4K | $209.9K | +13.2% |
| 3 Bedrooms | $250K | $265K | +6.0% |
| 4 Bedrooms | $297.2K | $340K | +14.4% |
| 5+ Bedrooms | $347.5K | $372.5K | +7.2% |
Median Sold Price Compared To Nearby Cities
| Inwood | $256.7K | $285K | +11.0% |
| Shenandoah | $258K | $285K | +10.5% |
| Bunker Hill | $268K | $285K | +6.3% |
| Middleway | $350.8K | $370K | +5.4% |
| Kearneysville | $380K | $377.5K | -0.7% |
How many homes are available in Shenandoah, WV?
Number of Homes For Sale
| Jan 2023 | Feb 2023 | % |
|---|---|---|
| 137 | 164 | +19.7% |
Homes For Sale By Bedroom Count
| # BEDS | Jan 2023 | Feb 2023 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 6 | 7 | +16.7% |
| 3 Bedrooms | 91 | 110 | +20.9% |
| 4 Bedrooms | 29 | 33 | +13.8% |
| 5+ Bedrooms | 11 | 13 | +18.2% |
Number of Homes Sold
| Jan 2023 | Feb 2023 | % |
|---|---|---|
| 15 | 27 | +80.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Shenandoah, expect to pay close to the asking price. 48.1% of homes here sold near the asking price last month.
Average Sale Time
| Feb 2022 | Feb 2023 | % |
|---|---|---|
| 29 Days | 50 Days | +73.9% |
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Shenandoah are selling fast, if you're buying plan to act quickly.
