Is Hampshire County, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Hampshire County was a Seller's Market.
Housing Prices in Hampshire County, WV
How much do homes in Hampshire County, WV cost?
Median Sold Price
$244,950
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Hampshire County was $244,950 in April 2024, up 18.3% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $115.2K | $120K | +4.2% |
2 Bedrooms | $163.7K | $200.5K | +22.4% |
3 Bedrooms | $225.6K | $250K | +10.8% |
4 Bedrooms | $336K | $315.1K | -6.2% |
5+ Bedrooms | $249.5K | $371K | +48.7% |
Summary: Hampshire County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.2%, 2 bedroom homes increased by 22.4%, 3 bedroom homes increased by 10.8%, 4 bedroom homes decreased by 6.2%, and 5+ bedroom homes increased by 48.7%.
Median Sold Price Compared To Nearby Counties
Hampshire County | $207K | $244.9K | +18.3% |
Mineral County | $162K | $189.9K | +17.3% |
Frederick County | $377.3K | $400K | +6.0% |
Allegany County | $135K | $135K | 0.0% |
Morgan County | $288.5K | $285.5K | -1.0% |
Housing Supply in Hampshire County, WV
How many homes are available in Hampshire County, WV?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
70 | 73 | +4.3% |
Summary: The Hampshire County real estate market had 73 homes for sale in April 2024, a 4.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 12 | 14 | +16.7% |
3 Bedrooms | 36 | 34 | -5.6% |
4 Bedrooms | 19 | 21 | +10.5% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Hampshire County 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 16.7%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 9 | -52.6% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Hampshire County in April 2024, down by 52.6% month-over-month. Of the 9 sold homes, 56% were sold under asking, 22% were sold at asking, and 22% were sold over asking.
Days on Market for Hampshire County, WV
How long does it take to sell a home in Hampshire County, WV?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
33 Days | 55 Days | +65.3% |
Summary: Homes in Hampshire County had an average of 55 days on market in Apr 2024, up by 65.3% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in Hampshire County; 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.