Is Weirton, WV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Weirton is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Weirton has remained a Seller's Market.

Key Takeaway

Weirton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Weirton, WV

How much do homes in Weirton, WV cost?

Median Sold Price

$140,000

$93/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$11,500(+8.9%)

Key Takeaway

Homes in Weirton have sold for 8.9% more than they did a year ago.

Summary: The median home sold price in Weirton was $140,000 in May 2024, up 8.9% from last year, and the median price per square foot was $93.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $62.5K$46K
-26.4%
2 $103K$89.5K
-13.1%
3 $142.5K$151K
+6.0%
4 $120K$137.4K
+14.5%
5+ $85K$122.5K
+44.1%

Summary: Weirton housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 26.4%, 2 bedroom homes decreased by 13.1%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 14.5%, and 5+ bedroom homes increased by 44.1%.

Median Sold Price Compared To Nearby Cities

Weirton
+11.8%
Weirton
+8.9%
Follansbee
-3.7%

Housing Supply in Weirton, WV

How many homes are available in Weirton, WV?

Number of Homes For Sale

Apr 2024May 2024CHANGE
9296+4.3%

Summary: The Weirton real estate market had 96 homes for sale in May 2024, a 4.3% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 1616
0.0%
3 5351
-3.8%
4 1721
+23.5%
5+ 68
+33.3%

Summary: The Weirton 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 3.8%, 4 bedroom homes increased by 23.5%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Apr 2024May 2024CHANGE
2318-21.7%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Weirton, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in Weirton in May 2024, down by 21.7% month-over-month. Of the 18 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.

Days on Market for Weirton, WV

How long does it take to sell a home in Weirton, WV?

Average Sale Time

May 2023May 2024CHANGE
42 Days80 Days+89.1%

Summary: Homes in Weirton had an average of 80 days on market in May 2024, up by 89.1% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Weirton has remained consistent over time.

Summary: During May 2024, 18 homes were sold in Weirton; 17% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Weirton, WV

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