Is Brooke County, WV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brooke County is a neutral's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

Brooke County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Brooke County, WV

How much do homes in Brooke County, WV cost?

Median Sold Price

$128,000

$88/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$5,500(-4.1%)

Key Takeaway

Homes in Brooke County have sold for 4.1% less than they did a year ago.

Summary: The median home sold price in Brooke County was $128,000 in April 2024, down 4.1% from last year, and the median price per square foot was $88.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$93K
N/A
2 $87.2K$74.7K
-14.4%
3 $130K$149K
+14.6%
4 $223K$162.5K
-27.1%
5+ $140K$325K
+132.1%

Summary: Brooke County 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 14.4%, 3 bedroom homes increased by 14.6%, 4 bedroom homes decreased by 27.1%, and 5+ bedroom homes increased by 132.1%.

Median Sold Price Compared To Nearby Counties

Hancock County
+4.9%
Jefferson County
+4.6%
Washington County
+4.3%
Brooke County
-4.1%

Housing Supply in Brooke County, WV

How many homes are available in Brooke County, WV?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
4442-4.5%

Summary: The Brooke County real estate market had 42 homes for sale in April 2024, a 4.5% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 22
0.0%
2 77
0.0%
3 2018
-10.0%
4 1111
0.0%
5+ 44
0.0%

Summary: The Brooke County 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 10%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
96-33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brooke County, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Brooke County in April 2024, down by 33.3% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Brooke County, WV

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

Average Sale Time

Apr 2023Apr 2024CHANGE
100 Days62 Days-37.9%

Summary: Homes in Brooke County had an average of 62 days on market in Apr 2024, down by 37.9% compared to last year.

Breakdown of Home Sale Times

2 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 Brooke County are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 6 homes were sold in Brooke County; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 4 Days Ago

Newest Listings in Brooke County, WV

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