Is 25159, WV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 25159 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 25159 has remained a Seller's Market.

Key Takeaway

25159 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 25159, WV

How much do homes in 25159, WV cost?

Median Sold Price

$205,000

$114/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$2,000(-1.0%)

Key Takeaway

Homes in 25159 have sold for 1% less than they did a year ago.

Summary: The median home sold price in 25159 was $205,000 in November 2024, down 1% from last year, and the median price per square foot was $114.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $159.8K$92K
-42.4%
3 $203K$200K
-1.5%
4 $203.5K$270K
+32.7%
5+ $305K$228K
-25.2%

Summary: 25159 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 42.4%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes increased by 32.7%, and 5+ bedroom homes decreased by 25.2%.

Median Sold Price Compared To Nearby Zip Codes

25143
+19.3%
25159
-1.0%
25312
-2.1%

Housing Supply in 25159, WV

How many homes are available in 25159, WV?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
107-30.0%

Summary: The 25159 real estate market had 7 homes for sale in November 2024, a 30.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 21
-50.0%
3 65
-16.7%
4 10
-100.0%
5+ 00
0.0%

Summary: The 25159 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 25159, 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 25159 in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for 25159, WV

How long does it take to sell a home in 25159, WV?

Average Sale Time

Nov 2023Nov 2024CHANGE
42 Days25 Days-40.8%

Summary: Homes in 25159 had an average of 25 days on market in Nov 2024, down by 40.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 25159 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in 25159; 50% of homes were sold within 30 days, 50% 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 21 Days Ago

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