$42,500
0.66 Acres
Land
Lee Lewis, Listing Office: Old Colony
Is 25314, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 25314 has remained a Seller's Market.
Key Takeaway
25314 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 25314, WV
How much do homes in 25314, WV cost?
Median Sold Price
$259,000
$114/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$1,250(-0.5%)
Key Takeaway
The sold price of homes in 25314 has remained the same since last year.
Summary: The median home sold price in 25314 was $259,000 in October 2024, down 0.5% from last year, and the median price per square foot was $114.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $102.5K | $119.4K | +16.5% |
| 2 Bedrooms | $120K | $115K | -4.2% |
| 3 Bedrooms | $203K | $222K | +9.4% |
| 4 Bedrooms | $290.2K | $285K | -1.8% |
| 5+ Bedrooms | $485K | $487.5K | 0.5% |
Summary: 25314 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.5%, 2 bedroom homes decreased by 4.2%, 3 bedroom homes increased by 9.4%, 4 bedroom homes decreased by 1.8%, and 5+ bedroom homes increased by 0.5%.
Median Sold Price Compared To Nearby Zip Codes
| 25301 | $170K | $196.5K | +15.6% |
| 25304 | $218.5K | $232.5K | +6.4% |
| 25303 | $155K | $158.5K | +2.3% |
| 25314 | $260.2K | $259K | -0.5% |
Housing Supply in 25314, WV
How many homes are available in 25314, WV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 66 | 69 | +4.5% |
Summary: The 25314 real estate market had 69 homes for sale in October 2024, a 4.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 24 | 29 | +20.8% |
| 4 Bedrooms | 28 | 26 | -7.1% |
| 5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The 25314 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 increased by 20.8%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 13 | -35.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 25314, you may be able to get a good deal. 69.2% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in 25314 in October 2024, down by 35.0% month-over-month. Of the 13 sold homes, 69% were sold under asking, 8% were sold at asking, and 23% were sold over asking.
Days on Market for 25314, WV
How long does it take to sell a home in 25314, WV?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 37 Days | 55 Days | +47.8% |
Summary: Homes in 25314 had an average of 55 days on market in Oct 2024, up by 47.8% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 25314 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 13 homes were sold in 25314; 46% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.