Is Western, 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, Western has remained a Seller's Market.
Housing Prices in Western, WV
How much do homes in Western, WV cost?
Median Sold Price
$210,000
$118/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Western was $210,000 in April 2024, down 1.2% from last year, and the median price per square foot was $118.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $101K | N/A |
2 Bedrooms | $199K | $150K | -24.6% |
3 Bedrooms | $177K | $187.5K | +5.9% |
4 Bedrooms | $215.5K | $277.5K | +28.8% |
5+ Bedrooms | $498K | $282.5K | -43.3% |
Summary: Western 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 decreased by 24.6%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 28.8%, and 5+ bedroom homes decreased by 43.3%.
Median Sold Price Compared To Nearby Cities
Eastern | $168K | $180K | +7.1% |
Western | $212.5K | $210K | -1.2% |
Housing Supply in Western, WV
How many homes are available in Western, WV?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 13 | +30.0% |
Summary: The Western real estate market had 13 homes for sale in April 2024, a 30.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 7 | 8 | +14.3% |
4 Bedrooms | 0 | 1 | +100.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Western 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 remained the same, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 4 | +33.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Western in April 2024, up by 33.3% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Western, WV
How long does it take to sell a home in Western, WV?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
71 Days | 70 Days | -0.7% |
Summary: Homes in Western had an average of 70 days on market in Apr 2024, down by 0.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Western; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.