Is Putnam 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, Putnam County has remained a Seller's Market.
Key Takeaway
Putnam County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Putnam County, WV
How much do homes in Putnam County, WV cost?
Median Sold Price
$255,000
$131/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Putnam County have sold for 1.9% less than they did a year ago.
Summary: The median home sold price in Putnam County was $255,000 in April 2024, down 1.9% from last year, and the median price per square foot was $131.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $87.5K | $125K | +42.9% |
| 2 Bedrooms | $165K | $170K | +3.0% |
| 3 Bedrooms | $207.5K | $229K | +10.4% |
| 4 Bedrooms | $315K | $345K | +9.5% |
| 5+ Bedrooms | $415K | $435K | +4.8% |
Summary: Putnam County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 42.9%, 2 bedroom homes increased by 3%, 3 bedroom homes increased by 10.4%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 4.8%.
Median Sold Price Compared To Nearby Counties
| Mason County | $123.2K | $149.9K | +21.6% |
| Jackson County | $175K | $187.5K | +7.1% |
| Kanawha County | $154.4K | $165.2K | +7.0% |
| Putnam County | $260K | $255K | -1.9% |
Housing Supply in Putnam County, WV
How many homes are available in Putnam County, WV?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 108 | 122 | +13.0% |
Summary: The Putnam County real estate market had 122 homes for sale in April 2024, a 13.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 9 | 10 | +11.1% |
| 3 Bedrooms | 44 | 50 | +13.6% |
| 4 Bedrooms | 37 | 38 | +2.7% |
| 5+ Bedrooms | 18 | 23 | +27.8% |
Summary: The Putnam County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 13.6%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 27.8%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 28 | 33 | +17.9% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Putnam County, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.
Summary: A total of 33 homes were sold or pending in Putnam County in April 2024, up by 17.9% month-over-month. Of the 33 sold homes, 55% were sold under asking, 12% were sold at asking, and 33% were sold over asking.
Days on Market for Putnam County, WV
How long does it take to sell a home in Putnam County, WV?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 26 Days | 13 Days | -50.9% |
Summary: Homes in Putnam County had an average of 13 days on market in Apr 2024, down by 50.9% compared to last year.
Breakdown of Home Sale Times
29 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Putnam County are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 33 homes were sold in Putnam County; 88% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.