Is 25302, WV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 25302 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 25302 was a Seller's Market.

Key Takeaway

25302 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 25302, WV

How much do homes in 25302, WV cost?

Median Sold Price

$152,000

$83/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$9,256(+6.5%)

Key Takeaway

Homes in 25302 have sold for 6.5% more than they did a year ago.

Summary: The median home sold price in 25302 was $152,000 in November 2024, up 6.5% from last year, and the median price per square foot was $83.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $35K$47K
+34.4%
2 $91K$63K
-30.8%
3 $143.5K$155.5K
+8.4%
4 $218.5K$255K
+16.7%
5+ $350K$290K
-17.1%

Summary: 25302 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 34.4%, 2 bedroom homes decreased by 30.8%, 3 bedroom homes increased by 8.4%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 17.1%.

Median Sold Price Compared To Nearby Zip Codes

25311
+26.2%
25302
+6.5%
25314
-2.2%
25387
-5.4%

Housing Supply in 25302, WV

How many homes are available in 25302, WV?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6152-14.8%

Summary: The 25302 real estate market had 52 homes for sale in November 2024, a 14.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1514
-6.7%
3 3228
-12.5%
4 128
-33.3%
5+ 22
0.0%

Summary: The 25302 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 6.7%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
136-53.8%

Asking Price vs. Sold Price

5 Homes Were 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 25302, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 25302 in November 2024, down by 53.8% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.

Days on Market for 25302, WV

How long does it take to sell a home in 25302, WV?

Average Sale Time

Nov 2023Nov 2024CHANGE
33 Days41 Days+23.2%

Summary: Homes in 25302 had an average of 41 days on market in Nov 2024, up by 23.2% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 25302 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 6 homes were sold in 25302; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% 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

Newest Listings in 25302, WV

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