Is Teays, 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, Teays has remained a Seller's Market.
Housing Prices in Teays, WV
How much do homes in Teays, WV cost?
Median Sold Price
$315,000
$139/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Teays was $315,000 in March 2024, up 3.3% from last year, and the median price per square foot was $139.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $137K | N/A |
2 Bedrooms | $149K | $135.5K | -9.1% |
3 Bedrooms | $270K | $272.2K | +0.8% |
4 Bedrooms | $319.9K | $370K | +15.7% |
5+ Bedrooms | $410.5K | $397.5K | -3.2% |
Summary: Teays 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 9.1%, 3 bedroom homes increased by 0.8%, 4 bedroom homes increased by 15.7%, and 5+ bedroom homes decreased by 3.2%.
Median Sold Price Compared To Nearby Cities
Hurricane | $218.7K | $270K | +23.4% |
Curry | $185K | $202.7K | +9.6% |
Teays | $305K | $315K | +3.3% |
Scott | $265K | $265K | 0.0% |
Scott Depot | $266K | $259.4K | -2.5% |
Housing Supply in Teays, WV
How many homes are available in Teays, WV?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
38 | 30 | -21.1% |
Summary: The Teays real estate market had 30 homes for sale in March 2024, a 21.1% decrease 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 | 17 | 10 | -41.2% |
4 Bedrooms | 16 | 14 | -12.5% |
5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Teays 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 decreased by 41.2%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
13 | 14 | +7.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Teays in March 2024, up by 7.7% month-over-month. Of the 14 sold homes, 43% were sold under asking, 36% were sold at asking, and 21% were sold over asking.
Days on Market for Teays, WV
How long does it take to sell a home in Teays, WV?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
28 Days | 24 Days | -13.0% |
Summary: Homes in Teays had an average of 24 days on market in Mar 2024, down by 13% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 14 homes were sold in Teays; 79% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.