Is Tygart, 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, Tygart was a Seller's Market.
Key Takeaway
Tygart is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Tygart, WV
How much do homes in Tygart, WV cost?
Median Sold Price
$140,125
$102/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Tygart have sold for 5.4% more than they did a year ago.
Summary: The median home sold price in Tygart was $140,125 in April 2024, up 5.4% from last year, and the median price per square foot was $102.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $88.5K | $110K | +24.3% |
| 3 Bedrooms | $133K | $140.1K | +5.4% |
| 4 Bedrooms | $150K | $182.5K | +21.7% |
| 5+ Bedrooms | $315K | $330K | +4.8% |
Summary: Tygart 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 24.3%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 21.7%, and 5+ bedroom homes increased by 4.8%.
Median Sold Price Compared To Nearby Cities
| Lubeck | $200K | $218.5K | +9.3% |
| Tygart | $133K | $140.1K | +5.4% |
| Mineral Wells | $210K | $202K | -3.8% |
| Slate | $205K | $190.5K | -7.1% |
Housing Supply in Tygart, WV
How many homes are available in Tygart, WV?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 25 | 31 | +24.0% |
Summary: The Tygart real estate market had 31 homes for sale in April 2024, a 24.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 7 | +133.3% |
| 3 Bedrooms | 14 | 14 | 0.0% |
| 4 Bedrooms | 8 | 10 | +25.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Tygart 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 133.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 4 | -42.9% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Tygart, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Tygart in April 2024, down by 42.9% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Tygart, WV
How long does it take to sell a home in Tygart, WV?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 68 Days | 98 Days | +44.8% |
Summary: Homes in Tygart had an average of 98 days on market in Apr 2024, up by 44.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Tygart are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 4 homes were sold in Tygart; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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