Is Dunbar, 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, Dunbar has remained a Seller's Market.
Key Takeaway
Dunbar is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Dunbar, WV
How much do homes in Dunbar, WV cost?
Median Sold Price
$129,900
$102/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Dunbar have sold for 3.9% more than they did a year ago.
Summary: The median home sold price in Dunbar was $129,900 in April 2024, up 3.9% from last year, and the median price per square foot was $102.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $137K | N/A |
| 2 Bedrooms | $106K | $104.3K | -1.6% |
| 3 Bedrooms | $128.5K | $140K | +8.9% |
| 4 Bedrooms | $151.5K | $162K | +6.9% |
| 5+ Bedrooms | $157.5K | - | N/A |
Summary: Dunbar 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 1.6%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| South Charleston | $155K | $170K | +9.7% |
| Charleston | $174.6K | $190.3K | +9.0% |
| Dunbar | $125K | $129.9K | +3.9% |
Housing Supply in Dunbar, WV
How many homes are available in Dunbar, WV?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 25 | 28 | +12.0% |
Summary: The Dunbar real estate market had 28 homes for sale in April 2024, a 12.0% increase 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 | 7 | 9 | +28.6% |
| 3 Bedrooms | 15 | 15 | 0.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Dunbar 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 increased by 28.6%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Dunbar, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Dunbar in April 2024, up by 50.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Dunbar, WV
How long does it take to sell a home in Dunbar, WV?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 19 Days | 37 Days | +87.7% |
Summary: Homes in Dunbar had an average of 37 days on market in Apr 2024, up by 87.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Dunbar are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 6 homes were sold in Dunbar; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
