Is Cabell County, 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, Cabell County has remained a Seller's Market.
Housing Prices in Cabell County, WV
How much do homes in Cabell County, WV cost?
Median Sold Price
$208,750
$112/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Cabell County was $208,750 in April 2024, up 7.1% from last year, and the median price per square foot was $112.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $34K | - | N/A |
2 Bedrooms | $120K | $122K | +1.7% |
3 Bedrooms | $177K | $189.9K | +7.3% |
4 Bedrooms | $280.5K | $257.7K | -8.1% |
5+ Bedrooms | $312K | $297K | -4.8% |
Summary: Cabell 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 increased by 1.7%, 3 bedroom homes increased by 7.3%, 4 bedroom homes decreased by 8.1%, and 5+ bedroom homes decreased by 4.8%.
Median Sold Price Compared To Nearby Counties
Cabell County | $195K | $208.7K | +7.1% |
Putnam County | $260K | $255K | -1.9% |
Housing Supply in Cabell County, WV
How many homes are available in Cabell County, WV?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
96 | 82 | -14.6% |
Summary: The Cabell County real estate market had 82 homes for sale in April 2024, a 14.6% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 16 | 15 | -6.3% |
3 Bedrooms | 44 | 31 | -29.5% |
4 Bedrooms | 26 | 25 | -3.8% |
5+ Bedrooms | 10 | 11 | +10.0% |
Summary: The Cabell 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 decreased by 6.3%, 3 bedroom homes decreased by 29.5%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
24 | 26 | +8.3% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 26 homes were sold or pending in Cabell County in April 2024, up by 8.3% month-over-month. Of the 26 sold homes, 46% were sold under asking, 23% were sold at asking, and 31% were sold over asking.
Days on Market for Cabell County, WV
How long does it take to sell a home in Cabell County, WV?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
27 Days | 30 Days | +9.8% |
Summary: Homes in Cabell County had an average of 30 days on market in Apr 2024, up by 9.8% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 26 homes were sold in Cabell County; 73% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.