Is 25143, WV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 25143 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 25143 has remained a Seller's Market.

Key Takeaway

25143 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 25143, WV

How much do homes in 25143, WV cost?

Median Sold Price

$154,000

$103/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$25,050(+19.4%)

Key Takeaway

Homes in 25143 have sold for 19.4% more than they did a year ago.

Summary: The median home sold price in 25143 was $154,000 in October 2024, up 19.4% from last year, and the median price per square foot was $103.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $20K$114.5K
+472.5%
2 $98.9K$119K
+20.3%
3 $135K$159.5K
+18.1%
4 $169.7K$207.5K
+22.2%
5+ $303.4K$209.9K
-30.8%

Summary: 25143 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 472.5%, 2 bedroom homes increased by 20.3%, 3 bedroom homes increased by 18.1%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes decreased by 30.8%.

Median Sold Price Compared To Nearby Zip Codes

25560
+20.0%
25143
+19.4%
25313
+19.0%
25177
+9.7%
25064
+3.2%

Housing Supply in 25143, WV

How many homes are available in 25143, WV?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2123+9.5%

Summary: The 25143 real estate market had 23 homes for sale in October 2024, a 9.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 76
-14.3%
3 911
+22.2%
4 33
0.0%
5+ 22
0.0%

Summary: The 25143 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 14.3%, 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 2024Oct 2024CHANGE
710+42.9%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 25143, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in 25143 in October 2024, up by 42.9% month-over-month. Of the 10 sold homes, 50% were sold under asking, 20% were sold at asking, and 30% were sold over asking.

Days on Market for 25143, WV

How long does it take to sell a home in 25143, WV?

Average Sale Time

Oct 2023Oct 2024CHANGE
13 Days8 Days-36.8%

Summary: Homes in 25143 had an average of 8 days on market in Oct 2024, down by 36.8% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 25143 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 10 homes were sold in 25143; 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.

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

Report Updated 20 Days Ago

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