Is Point Pleasant, 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, Point Pleasant was a Seller's Market.
Key Takeaway
Point Pleasant is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Point Pleasant, WV
How much do homes in Point Pleasant, WV cost?
Median Sold Price
$143,500
$91/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Point Pleasant have sold for 35.4% more than they did a year ago.
Summary: The median home sold price in Point Pleasant was $143,500 in April 2024, up 35.4% from last year, and the median price per square foot was $91.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $40K | - | N/A |
| 2 Bedrooms | $71.5K | $89K | +24.5% |
| 3 Bedrooms | $111.5K | $145K | +30.0% |
| 4 Bedrooms | $164.7K | $180K | +9.3% |
| 5+ Bedrooms | - | $235.5K | N/A |
Summary: Point Pleasant 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 increased by 24.5%, 3 bedroom homes increased by 30%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Point Pleasant | $106K | $143.5K | +35.4% |
| Lewis | $115K | $142K | +23.5% |
| Robinson | $150K | $170.5K | +13.7% |
Housing Supply in Point Pleasant, WV
How many homes are available in Point Pleasant, WV?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 10 | 15 | +50.0% |
Summary: The Point Pleasant real estate market had 15 homes for sale in April 2024, a 50.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 5 | 6 | +20.0% |
| 4 Bedrooms | 3 | 6 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Point Pleasant 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 100%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Point Pleasant, 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 Point Pleasant in April 2024, up by 100.0% 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 Point Pleasant, WV
How long does it take to sell a home in Point Pleasant, WV?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 77 Days | 11 Days | -85.2% |
Summary: Homes in Point Pleasant had an average of 11 days on market in Apr 2024, down by 85.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Point Pleasant are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 2 homes were sold in Point Pleasant; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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