Is 25411, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, 25411 was a Seller's Market.
Housing Prices in 25411, WV
How much do homes in 25411, WV cost?
Median Sold Price
$310,000
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in 25411 was $310,000 in May 2024, up 8.2% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $130K | $143.7K | +10.6% |
2 Bedrooms | $235K | $212K | -9.8% |
3 Bedrooms | $294K | $302.5K | +2.9% |
4 Bedrooms | $321K | $374.9K | +16.8% |
5+ Bedrooms | $485K | $310K | -36.1% |
Summary: 25411 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.6%, 2 bedroom homes decreased by 9.8%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 16.8%, and 5+ bedroom homes decreased by 36.1%.
Housing Supply in 25411, WV
How many homes are available in 25411, WV?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
64 | 70 | +9.4% |
Summary: The 25411 real estate market had 70 homes for sale in May 2024, a 9.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 10 | 11 | +10.0% |
3 Bedrooms | 32 | 42 | +31.3% |
4 Bedrooms | 16 | 11 | -31.3% |
5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The 25411 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 31.3%, 4 bedroom homes decreased by 31.3%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
18 | 3 | -83.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in 25411 in May 2024, down by 83.3% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for 25411, WV
How long does it take to sell a home in 25411, WV?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
46 Days | 42 Days | -9.4% |
Summary: Homes in 25411 had an average of 42 days on market in May 2024, down by 9.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in 25411; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.