Is Valley, 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, Valley was a Seller's Market.
Key Takeaway
Valley 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 Valley, WV cost?
Median Sold Price
$280,500
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2022
+$27,166(+10.7%)
Key Takeaway
Homes in Valley have sold for 10.7% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Feb 2022 | Feb 2023 | % |
|---|---|---|---|
| 1 Bedroom | $140K | $181K | +29.3% |
| 2 Bedrooms | $172.7K | $210K | +21.6% |
| 3 Bedrooms | $243.8K | $280K | +14.8% |
| 4 Bedrooms | $358.1K | $351K | -2.0% |
| 5+ Bedrooms | $430.5K | $600K | +39.4% |
Median Sold Price Compared To Nearby Cities
| Norborne | $275K | $325K | +18.2% |
| Adam Stephens | $175K | $199.9K | +14.3% |
| Tuscarora | $250K | $285K | +14.0% |
| Valley | $253.3K | $280.5K | +10.7% |
How many homes are available in Valley, WV?
Number of Homes For Sale
| Jan 2023 | Feb 2023 | % |
|---|---|---|
| 107 | 108 | +0.9% |
Homes For Sale By Bedroom Count
| # BEDS | Jan 2023 | Feb 2023 | % |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 14 | 17 | +21.4% |
| 3 Bedrooms | 57 | 52 | -8.8% |
| 4 Bedrooms | 30 | 33 | +10.0% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Number of Homes Sold
| Jan 2023 | Feb 2023 | % |
|---|---|---|
| 25 | 17 | -32.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Valley, you may be able to get a good deal. 64.7% of homes here sold below asking price last month.
Average Sale Time
| Feb 2022 | Feb 2023 | % |
|---|---|---|
| 21 Days | 46 Days | +110.2% |
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Valley are selling fast, if you're buying plan to act quickly.
