Is 25309, WV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 25309 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 25309 has remained a Seller's Market.

Key Takeaway

25309 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 25309, WV

How much do homes in 25309, WV cost?

Median Sold Price

$210,000

$113/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$47,000(+28.8%)

Key Takeaway

Homes in 25309 have sold for 28.8% more than they did a year ago.

Summary: The median home sold price in 25309 was $210,000 in October 2024, up 28.8% from last year, and the median price per square foot was $113.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $90K$121.5K
+35.0%
3 $138.7K$172K
+24.0%
4 $265K$383K
+44.5%
5+ $476.2K$546.2K
+14.7%

Summary: 25309 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 increased by 35%, 3 bedroom homes increased by 24%, 4 bedroom homes increased by 44.5%, and 5+ bedroom homes increased by 14.7%.

Median Sold Price Compared To Nearby Zip Codes

25309
+28.8%
25064
+3.2%
25303
+2.3%
25314
-0.5%

Housing Supply in 25309, WV

How many homes are available in 25309, WV?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4145+9.8%

Summary: The 25309 real estate market had 45 homes for sale in October 2024, a 9.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 77
0.0%
3 1719
+11.8%
4 1215
+25.0%
5+ 54
-20.0%

Summary: The 25309 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 remained the same, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
710+42.9%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 25309, 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 25309 in October 2024, up by 42.9% month-over-month. Of the 10 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for 25309, WV

How long does it take to sell a home in 25309, WV?

Average Sale Time

Oct 2023Oct 2024CHANGE
12 Days32 Days+170.0%

Summary: Homes in 25309 had an average of 32 days on market in Oct 2024, up by 170% compared to last year.

Breakdown of Home Sale Times

8 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 25309 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 10 homes were sold in 25309; 80% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 10% 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 4 Days Ago

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