Is Capon, WV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Capon is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Capon has remained a Seller's Market.

Key Takeaway

Capon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Capon, WV

How much do homes in Capon, WV cost?

Median Sold Price

$501,500

$240/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$216,500(+76.0%)

Key Takeaway

Homes in Capon have sold for 76% more than they did a month ago.

Summary: The median home sold price in Capon was $501,500 in April 2024, up 76% from last month, and the median price per square foot was $240.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 $179.9K-
N/A
2 -$353K
N/A
3 $285K-
N/A
4 $632.5K$650K
+2.8%
5+ --
N/A

Summary: Capon housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Capon
+76.0%
Augusta
-67.4%

Housing Supply in Capon, WV

How many homes are available in Capon, WV?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1310-23.1%

Summary: The Capon real estate market had 10 homes for sale in April 2024, a 23.1% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 10
-100.0%
2 45
+25.0%
3 32
-33.3%
4 53
-40.0%
5+ 00
0.0%

Summary: The Capon housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Capon, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Capon in April 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Capon, WV

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

Average Sale Time

Mar 2024Apr 2024CHANGE
10 Days69 Days+590.0%

Summary: Homes in Capon had an average of 69 days on market in Apr 2024, up by 590% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Capon are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in Capon; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 Capon, WV

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