$2,672 Closing Credit*
$225,000
1,941 SqFt
3 Beds
•2 Full Baths
Margaret D. Hall-Evrard, Listing Office: Old Colony
Is 25312, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 25312 was a Buyer's Market.
Key Takeaway
25312 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 25312, WV
How much do homes in 25312, WV cost?
Median Sold Price
$258,000
$127/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$49,000(+23.4%)
Key Takeaway
Homes in 25312 have sold for 23.4% more than they did a year ago.
Summary: The median home sold price in 25312 was $258,000 in October 2024, up 23.4% from last year, and the median price per square foot was $127.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $137K | $153.5K | +12.0% |
| 3 Bedrooms | $168.5K | $264K | +56.7% |
| 4 Bedrooms | $397.4K | $260K | -34.6% |
| 5+ Bedrooms | $345K | $374K | +8.4% |
Summary: 25312 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 12%, 3 bedroom homes increased by 56.7%, 4 bedroom homes decreased by 34.6%, and 5+ bedroom homes increased by 8.4%.
Housing Supply in 25312, WV
How many homes are available in 25312, WV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 16 | -5.9% |
Summary: The 25312 real estate market had 16 homes for sale in October 2024, a 5.9% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 10 | 9 | -10.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 25312 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 increased by 33.3%, 3 bedroom homes decreased by 10%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 25312, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 25312 in October 2024, the same as the previous month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for 25312, WV
How long does it take to sell a home in 25312, WV?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 12 Days | 25 Days | +101.6% |
Summary: Homes in 25312 had an average of 25 days on market in Oct 2024, up by 101.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 25312 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in 25312; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
