$39,500
0.47 Acres
Land
Ben Adkins, Listing Office: Old Colony
Is 25313, 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, 25313 was a Seller's Market.
Key Takeaway
25313 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 25313, WV
How much do homes in 25313, WV cost?
Median Sold Price
$200,000
$110/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$32,000(+19.0%)
Key Takeaway
Homes in 25313 have sold for 19% more than they did a year ago.
Summary: The median home sold price in 25313 was $200,000 in October 2024, up 19% from last year, and the median price per square foot was $110.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $93K | $137K | +47.3% |
| 2 Bedrooms | $105.5K | $116.2K | +10.2% |
| 3 Bedrooms | $156.7K | $178K | +13.6% |
| 4 Bedrooms | $234.5K | $229.9K | -2.0% |
| 5+ Bedrooms | $249.9K | $310K | +24.0% |
Summary: 25313 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 47.3%, 2 bedroom homes increased by 10.2%, 3 bedroom homes increased by 13.6%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes increased by 24%.
Housing Supply in 25313, WV
How many homes are available in 25313, WV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 33 | 29 | -12.1% |
Summary: The 25313 real estate market had 29 homes for sale in October 2024, a 12.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 19 | 15 | -21.1% |
| 4 Bedrooms | 5 | 7 | +40.0% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The 25313 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 21.1%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 3 | -70.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 25313, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in 25313 in October 2024, down by 70.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for 25313, WV
How long does it take to sell a home in 25313, WV?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 22 Days | 7 Days | -65.5% |
Summary: Homes in 25313 had an average of 7 days on market in Oct 2024, down by 65.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 25313 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in 25313; 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.
