Is Kearneysville, 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, Kearneysville has remained a Seller's Market.
Key Takeaway
Kearneysville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Kearneysville, WV
How much do homes in Kearneysville, WV cost?
Median Sold Price
$387,667
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Kearneysville have sold for 4.8% more than they did a year ago.
Summary: The median home sold price in Kearneysville was $387,667 in May 2024, up 4.8% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $160K | - | N/A |
| 2 Bedrooms | $262K | $280K | +6.9% |
| 3 Bedrooms | $326.5K | $322.6K | -1.2% |
| 4 Bedrooms | $409.9K | $469.9K | +14.6% |
| 5+ Bedrooms | $600K | $479.9K | -20.0% |
Summary: Kearneysville 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 6.9%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes increased by 14.6%, and 5+ bedroom homes decreased by 20%.
Median Sold Price Compared To Nearby Cities
| Middleway | $370K | $414.5K | +12.0% |
| Ranson | $275K | $292.6K | +6.4% |
| Kearneysville | $370K | $387.6K | +4.8% |
| Shenandoah | $293.6K | $305K | +3.9% |
| Inwood | $299K | $304.5K | +1.8% |
Housing Supply in Kearneysville, WV
How many homes are available in Kearneysville, WV?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 28 | 23 | -17.9% |
Summary: The Kearneysville real estate market had 23 homes for sale in May 2024, a 17.9% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 7 | 5 | -28.6% |
| 4 Bedrooms | 17 | 14 | -17.6% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Kearneysville 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 remained the same, 3 bedroom homes decreased by 28.6%, 4 bedroom homes decreased by 17.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kearneysville, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in Kearneysville in May 2024, the same as the previous month. Of the 6 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Kearneysville, WV
How long does it take to sell a home in Kearneysville, WV?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 22 Days | 21 Days | -4.4% |
Summary: Homes in Kearneysville had an average of 21 days on market in May 2024, down by 4.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Kearneysville are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 6 homes were sold in Kearneysville; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
