Is South Charleston, 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, South Charleston has remained a Seller's Market.
Housing Prices in South Charleston, WV
How much do homes in South Charleston, WV cost?
Median Sold Price
$168,900
$103/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in South Charleston was $168,900 in March 2024, up 5.6% from last year, and the median price per square foot was $103.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $104.1K | N/A |
2 Bedrooms | $102.5K | $120K | +17.1% |
3 Bedrooms | $160K | $154.5K | -3.4% |
4 Bedrooms | $193K | $248.2K | +28.6% |
5+ Bedrooms | $245K | $400K | +63.3% |
Summary: South Charleston 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 17.1%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 63.3%.
Median Sold Price Compared To Nearby Cities
Charleston | $175K | $190.5K | +8.9% |
South Charleston | $160K | $168.9K | +5.6% |
Dunbar | $125K | $125K | 0.0% |
Housing Supply in South Charleston, WV
How many homes are available in South Charleston, WV?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
46 | 46 | 0.0% |
Summary: The South Charleston real estate market had 46 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 11 | 11 | 0.0% |
3 Bedrooms | 17 | 21 | +23.5% |
4 Bedrooms | 12 | 10 | -16.7% |
5+ Bedrooms | 6 | 4 | -33.3% |
Summary: The South Charleston 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 remained the same, 3 bedroom homes increased by 23.5%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
12 | 10 | -16.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in South Charleston in March 2024, down by 16.7% month-over-month. Of the 10 sold homes, 40% were sold under asking, 30% were sold at asking, and 30% were sold over asking.
Days on Market for South Charleston, WV
How long does it take to sell a home in South Charleston, WV?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
33 Days | 44 Days | +33.2% |
Summary: Homes in South Charleston had an average of 44 days on market in Mar 2024, up by 33.2% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 10 homes were sold in South Charleston; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.