Is Tygart, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Tygart has remained a Seller's Market.
Key Takeaway
Tygart is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Tygart, WV
How much do homes in Tygart, WV cost?
Median Sold Price
$140,250
$102/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Tygart have sold for 5.5% more than they did a year ago.
Summary: The median home sold price in Tygart was $140,250 in May 2024, up 5.5% from last year, and the median price per square foot was $102.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $93K | $117.5K | +26.3% |
| 3 Bedrooms | $132K | $148K | +12.1% |
| 4 Bedrooms | $167.5K | $174K | +3.9% |
| 5+ Bedrooms | $315K | $330K | +4.8% |
Summary: Tygart housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 26.3%, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes increased by 4.8%.
Median Sold Price Compared To Nearby Cities
| Lubeck | $191.5K | $220K | +14.9% |
| Washington | $226.5K | $250K | +10.4% |
| Tygart | $133K | $140.2K | +5.5% |
| Mineral Wells | $210K | $217.2K | +3.4% |
| Slate | $205K | $196K | -4.4% |
Housing Supply in Tygart, WV
How many homes are available in Tygart, WV?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 30 | 30 | 0.0% |
Summary: The Tygart real estate market had 30 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 6 | -14.3% |
| 3 Bedrooms | 12 | 14 | +16.7% |
| 4 Bedrooms | 11 | 10 | -9.1% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Tygart housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 4 | 10 | +150.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Tygart, you may be able to get a good deal. 70% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Tygart in May 2024, up by 150.0% month-over-month. Of the 10 sold homes, 70% were sold under asking, 10% were sold at asking, and 20% 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
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 64 Days | 88 Days | +38.5% |
Summary: Homes in Tygart had an average of 88 days on market in May 2024, up by 38.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Tygart has remained consistent over time.
Summary: During May 2024, 10 homes were sold in Tygart; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
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