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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ona is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Ona, WV

How much do homes in Ona, WV cost?

Median Sold Price

$332,500

$124/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

+$172,500(+107.8%)

Key Takeaway

Homes in Ona have sold for 107.8% more than they did a month ago.

Summary: The median home sold price in Ona was $332,500 in May 2024, up 107.8% from last month, and the median price per square foot was $124.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 --
N/A
3 $160K$225K
+40.6%
4 -$440K
N/A
5+ --
N/A

Summary: Ona housing prices by bedroom type for May 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 increased by 40.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Ona, WV

How many homes are available in Ona, WV?

Number of Homes For Sale

Apr 2024May 2024CHANGE
34+33.3%

Summary: The Ona real estate market had 4 homes for sale in May 2024, a 33.3% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 00
0.0%
3 21
-50.0%
4 13
+200.0%
5+ 00
0.0%

Summary: The Ona housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ona, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Ona in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Ona, WV

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

Average Sale Time

Apr 2024May 2024CHANGE
2 Days25 Days+1150.0%

Summary: Homes in Ona had an average of 25 days on market in May 2024, up by 1150% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 2 homes were sold in Ona; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 1 Day Ago

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