Is 25301, WV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 25301 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 25301 was a Seller's Market.

Key Takeaway

25301 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 25301, WV

How much do homes in 25301, WV cost?

Median Sold Price

$165,500

$157/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$45,500(+37.9%)

Key Takeaway

Homes in 25301 have sold for 37.9% more than they did a month ago.

Summary: The median home sold price in 25301 was $165,500 in November 2024, up 37.9% from last month, and the median price per square foot was $157.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 -$165.5K
N/A
2 $120K-
N/A
3 $121.4K-
N/A
4 --
N/A
5+ --
N/A

Summary: 25301 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 25301, WV

How many homes are available in 25301, WV?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
97-22.2%

Summary: The 25301 real estate market had 7 homes for sale in November 2024, a 22.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 22
0.0%
3 42
-50.0%
4 00
0.0%
5+ 11
0.0%

Summary: The 25301 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 remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 25301, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 25301 in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 25301, WV

How long does it take to sell a home in 25301, WV?

Average Sale Time

Oct 2024Nov 2024CHANGE
9 Days12 Days+28.6%

Summary: Homes in 25301 had an average of 12 days on market in Nov 2024, up by 28.6% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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 25301 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in 25301; 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 21 Days Ago

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