Is Mineral 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, Mineral County has remained a Seller's Market.
Housing Prices in Mineral County, WV
How much do homes in Mineral County, WV cost?
Median Sold Price
$189,950
$111/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Mineral County was $189,950 in April 2024, up 17.3% from last year, and the median price per square foot was $111.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $231.5K | $187.4K | -19.0% |
2 Bedrooms | $115.4K | $140K | +21.3% |
3 Bedrooms | $166K | $186.3K | +12.3% |
4 Bedrooms | $217K | $217.5K | 0.2% |
5+ Bedrooms | $150K | $395K | +163.3% |
Summary: Mineral County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 19%, 2 bedroom homes increased by 21.3%, 3 bedroom homes increased by 12.3%, 4 bedroom homes increased by 0.2%, and 5+ bedroom homes increased by 163.3%.
Median Sold Price Compared To Nearby Counties
Hampshire County | $207K | $244.9K | +18.3% |
Mineral County | $162K | $189.9K | +17.3% |
Garrett County | $404.3K | $462.9K | +14.5% |
Allegany County | $135K | $135K | 0.0% |
Housing Supply in Mineral County, WV
How many homes are available in Mineral County, WV?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
73 | 72 | -1.4% |
Summary: The Mineral County real estate market had 72 homes for sale in April 2024, a 1.4% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 10 | 11 | +10.0% |
3 Bedrooms | 37 | 37 | 0.0% |
4 Bedrooms | 14 | 12 | -14.3% |
5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The Mineral County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 10%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 14 | 0.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Mineral County in April 2024, the same as the previous month. Of the 14 sold homes, 64% were sold under asking, 7% were sold at asking, and 29% were sold over asking.
Days on Market for Mineral County, WV
How long does it take to sell a home in Mineral County, WV?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
42 Days | 124 Days | +193.3% |
Summary: Homes in Mineral County had an average of 124 days on market in Apr 2024, up by 193.3% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During April 2024, 14 homes were sold in Mineral County; 36% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.