Is Tuscarora, WV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tuscarora is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Tuscarora was a Seller's Market.

Key Takeaway

Tuscarora is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Tuscarora, WV

How much do homes in Tuscarora, WV cost?

Median Sold Price

$306,175

$162/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$33,675(+12.4%)

Key Takeaway

Homes in Tuscarora have sold for 12.4% more than they did a year ago.

Summary: The median home sold price in Tuscarora was $306,175 in March 2024, up 12.4% from last year, and the median price per square foot was $162.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$149K
N/A
2 $195.1K$209.5K
+7.4%
3 $242K$275.9K
+14.0%
4 $352.7K$350K
-0.8%
5+ $331K$407.5K
+23.1%

Summary: Tuscarora 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 7.4%, 3 bedroom homes increased by 14%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes increased by 23.1%.

Median Sold Price Compared To Nearby Cities

Martinsburg
+14.3%
Tuscarora
+12.4%
Adam Stephens
+9.7%
Shenandoah
+6.4%
Potomac
+3.6%

Housing Supply in Tuscarora, WV

How many homes are available in Tuscarora, WV?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
151159+5.3%

Summary: The Tuscarora real estate market had 159 homes for sale in March 2024, a 5.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 912
+33.3%
3 10198
-3.0%
4 3138
+22.6%
5+ 1011
+10.0%

Summary: The Tuscarora 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 33.3%, 3 bedroom homes decreased by 3%, 4 bedroom homes increased by 22.6%, and 5+ bedroom homes increased by 10%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2313-43.5%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tuscarora, you may be able to get a good deal. 38.5% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Tuscarora in March 2024, down by 43.5% month-over-month. Of the 13 sold homes, 38% were sold under asking, 38% were sold at asking, and 23% were sold over asking.

Days on Market for Tuscarora, WV

How long does it take to sell a home in Tuscarora, WV?

Average Sale Time

Mar 2023Mar 2024CHANGE
37 Days33 Days-11.2%

Summary: Homes in Tuscarora had an average of 33 days on market in Mar 2024, down by 11.2% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Tuscarora are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 13 homes were sold in Tuscarora; 69% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 24 Days Ago

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