Is 25045, WV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 25045 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 25045 has remained a Seller's Market.

Key Takeaway

25045 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 25045, WV

How much do homes in 25045, WV cost?

Median Sold Price

$169,494

$103/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$8,494(+5.3%)

Key Takeaway

Homes in 25045 have sold for 5.3% more than they did a year ago.

Summary: The median home sold price in 25045 was $169,494 in December 2024, up 5.3% from last year, and the median price per square foot was $103.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $10K-
N/A
2 $118K$120K
+1.7%
3 $152K$164.2K
+8.1%
4 $206.2K$245K
+18.8%
5+ $175K$400K
+128.6%

Summary: 25045 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.7%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes increased by 128.6%.

Housing Supply in 25045, WV

How many homes are available in 25045, WV?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
24+100.0%

Summary: The 25045 real estate market had 4 homes for sale in December 2024, a 100.0% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 00
0.0%
3 24
+100.0%
4 00
0.0%
5+ 00
0.0%

Summary: The 25045 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
02+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 25045, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 25045 in December 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 25045, WV

How long does it take to sell a home in 25045, WV?

Average Sale Time

Dec 2023Dec 2024CHANGE
136 Days107 Days-21.6%

Summary: Homes in 25045 had an average of 107 days on market in Dec 2024, down by 21.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 25045 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During December 2024, 2 homes were sold in 25045; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 6 Days Ago

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