Is Tygart, 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, Tygart has remained a Seller's Market.
Key Takeaway
Tygart is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Tygart, WV
How much do homes in Tygart, WV cost?
Median Sold Price
$140,000
$102/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Tygart have sold for 5.3% more than they did a year ago.
Summary: The median home sold price in Tygart was $140,000 in March 2024, up 5.3% from last year, and the median price per square foot was $102.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $80.5K | $110K | +36.6% |
| 3 Bedrooms | $133K | $132K | -0.8% |
| 4 Bedrooms | $150K | $185K | +23.3% |
| 5+ Bedrooms | $315K | $330K | +4.8% |
Summary: Tygart 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 36.6%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes increased by 23.3%, and 5+ bedroom homes increased by 4.8%.
Median Sold Price Compared To Nearby Cities
| Washington | $206.7K | $239K | +15.6% |
| Lubeck | $195K | $216.5K | +11.0% |
| Tygart | $133K | $140K | +5.3% |
Housing Supply in Tygart, WV
How many homes are available in Tygart, WV?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 22 | 23 | +4.5% |
Summary: The Tygart real estate market had 23 homes for sale in March 2024, a 4.5% increase 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 | 4 | 2 | -50.0% |
| 3 Bedrooms | 13 | 13 | 0.0% |
| 4 Bedrooms | 5 | 7 | +40.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Tygart 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 remained the same, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 7 | +16.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Tygart, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Tygart in March 2024, up by 16.7% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.
Days on Market for Tygart, WV
How long does it take to sell a home in Tygart, WV?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 73 Days | 104 Days | +42.1% |
Summary: Homes in Tygart had an average of 104 days on market in Mar 2024, up by 42.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Tygart has remained consistent over time.
Summary: During March 2024, 7 homes were sold in Tygart; 14% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
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