$2,672 Closing Credit*
$225,000
1,844 SqFt
4 Beds
•2 Full Baths
Peggy White, Listing Office: Old Colony
Is 25071, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 25071 was a Seller's Market.
Key Takeaway
25071 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 25071, WV
How much do homes in 25071, WV cost?
Median Sold Price
$226,500
$121/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$36,500(+19.2%)
Key Takeaway
Homes in 25071 have sold for 19.2% more than they did a year ago.
Summary: The median home sold price in 25071 was $226,500 in October 2024, up 19.2% from last year, and the median price per square foot was $121.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $125.9K | $125K | -0.8% |
| 3 Bedrooms | $166.2K | $220K | +32.3% |
| 4 Bedrooms | $215K | $237K | +10.2% |
| 5+ Bedrooms | $307.5K | $295K | -4.1% |
Summary: 25071 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.8%, 3 bedroom homes increased by 32.3%, 4 bedroom homes increased by 10.2%, and 5+ bedroom homes decreased by 4.1%.
Median Sold Price Compared To Nearby Zip Codes
| 25071 | $190K | $226.5K | +19.2% |
| 25311 | $164.7K | $174.9K | +6.2% |
Housing Supply in 25071, WV
How many homes are available in 25071, WV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 20 | +17.6% |
Summary: The 25071 real estate market had 20 homes for sale in October 2024, a 17.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 9 | 11 | +22.2% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 25071 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 22.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 25071, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 25071 in October 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for 25071, WV
How long does it take to sell a home in 25071, WV?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 6 Days | 7 Days | +15.8% |
Summary: Homes in 25071 had an average of 7 days on market in Oct 2024, up by 15.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 25071 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in 25071; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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