Is Winfield, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Winfield has remained a Seller's Market.
Key Takeaway
Winfield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Winfield, WV
How much do homes in Winfield, WV cost?
Median Sold Price
$325,000
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Winfield have sold for 11.5% more than they did a year ago.
Summary: The median home sold price in Winfield was $325,000 in April 2024, up 11.5% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $217.5K | $128K | -41.1% |
| 3 Bedrooms | $202.4K | $242.5K | +19.8% |
| 4 Bedrooms | $310K | $414K | +33.5% |
| 5+ Bedrooms | $470K | $464K | -1.3% |
Summary: Winfield housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 41.1%, 3 bedroom homes increased by 19.8%, 4 bedroom homes increased by 33.5%, and 5+ bedroom homes decreased by 1.3%.
Median Sold Price Compared To Nearby Cities
| Winfield | $291.4K | $325K | +11.5% |
| Scott | $274.9K | $259K | -5.8% |
Housing Supply in Winfield, WV
How many homes are available in Winfield, WV?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 14 | 14 | 0.0% |
Summary: The Winfield real estate market had 14 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 6 | 4 | -33.3% |
| 4 Bedrooms | 1 | 4 | +300.0% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Winfield housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 300%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Winfield, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Winfield in April 2024, down by 20.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Winfield, WV
How long does it take to sell a home in Winfield, WV?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 18 Days | 23 Days | +27.6% |
Summary: Homes in Winfield had an average of 23 days on market in Apr 2024, up by 27.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Winfield are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 4 homes were sold in Winfield; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
