Is Vienna, 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, Vienna has remained a Seller's Market.
Key Takeaway
Vienna is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Vienna, WV
How much do homes in Vienna, WV cost?
Median Sold Price
$174,000
$114/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Vienna have sold for 0.9% more than they did a year ago.
Summary: The median home sold price in Vienna was $174,000 in April 2024, up 0.9% from last year, and the median price per square foot was $114.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $122.5K | $134.5K | +9.8% |
| 3 Bedrooms | $164.9K | $175.5K | +6.4% |
| 4 Bedrooms | $222K | $243.7K | +9.8% |
| 5+ Bedrooms | $420K | $475K | +13.1% |
Summary: Vienna 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 9.8%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes increased by 13.1%.
Median Sold Price Compared To Nearby Cities
| Parkersburg | $135.7K | $145K | +6.9% |
| Vienna | $172.5K | $174K | +0.9% |
| Williams | $215K | $178.7K | -16.9% |
Housing Supply in Vienna, WV
How many homes are available in Vienna, WV?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 53 | 56 | +5.7% |
Summary: The Vienna real estate market had 56 homes for sale in April 2024, a 5.7% 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 | 8 | 6 | -25.0% |
| 3 Bedrooms | 27 | 28 | +3.7% |
| 4 Bedrooms | 13 | 16 | +23.1% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Vienna 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 decreased by 25%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 12 | 12 | 0.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Vienna, you may be able to get a good deal. 91.7% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Vienna in April 2024, the same as the previous month. Of the 12 sold homes, 92% were sold under asking, 8% were sold at asking, and 0% were sold over asking.
Days on Market for Vienna, WV
How long does it take to sell a home in Vienna, WV?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 53 Days | 79 Days | +49.0% |
Summary: Homes in Vienna had an average of 79 days on market in Apr 2024, up by 49% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Vienna are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 12 homes were sold in Vienna; 33% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 42% of homes were sold over 90 days.
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