Is Jackson County, 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, Jackson County has remained a Seller's Market.
Housing Prices in Jackson County, WV
How much do homes in Jackson County, WV cost?
Median Sold Price
$198,350
$111/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Jackson County was $198,350 in May 2024, up 13.3% from last year, and the median price per square foot was $111.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $75K | N/A |
2 Bedrooms | $127.4K | $116K | -9.0% |
3 Bedrooms | $158K | $195K | +23.4% |
4 Bedrooms | $215.2K | $255K | +18.5% |
5+ Bedrooms | $419K | $355K | -15.3% |
Summary: Jackson County 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 decreased by 9%, 3 bedroom homes increased by 23.4%, 4 bedroom homes increased by 18.5%, and 5+ bedroom homes decreased by 15.3%.
Median Sold Price Compared To Nearby Counties
Mason County | $124K | $145.5K | +17.3% |
Jackson County | $175K | $198.3K | +13.3% |
Wirt County | $115K | $121.7K | +5.9% |
Housing Supply in Jackson County, WV
How many homes are available in Jackson County, WV?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
52 | 56 | +7.7% |
Summary: The Jackson County real estate market had 56 homes for sale in May 2024, a 7.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 1 | -66.7% |
2 Bedrooms | 3 | 4 | +33.3% |
3 Bedrooms | 30 | 27 | -10.0% |
4 Bedrooms | 9 | 15 | +66.7% |
5+ Bedrooms | 7 | 9 | +28.6% |
Summary: The Jackson County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
13 | 18 | +38.5% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in Jackson County in May 2024, up by 38.5% month-over-month. Of the 18 sold homes, 61% were sold under asking, 17% were sold at asking, and 22% were sold over asking.
Days on Market for Jackson County, WV
How long does it take to sell a home in Jackson County, WV?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
66 Days | 29 Days | -55.0% |
Summary: Homes in Jackson County had an average of 29 days on market in May 2024, down by 55% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 18 homes were sold in Jackson County; 72% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.