Is 25315, WV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 25315 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 25315 has remained a Seller's Market.

Key Takeaway

25315 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 25315, WV

How much do homes in 25315, WV cost?

Median Sold Price

$79,500

$65/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$11,000(+16.1%)

Key Takeaway

Homes in 25315 have sold for 16.1% more than they did a year ago.

Summary: The median home sold price in 25315 was $79,500 in October 2024, up 16.1% from last year, and the median price per square foot was $65.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $35K-
N/A
2 $77.1K$70.5K
-8.6%
3 $62.7K$155K
+147.0%
4 $78K-
N/A
5+ -$64K
N/A

Summary: 25315 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 decreased by 8.6%, 3 bedroom homes increased by 147%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

25015
+20.7%
25315
+16.1%
25304
+6.4%

Housing Supply in 25315, WV

How many homes are available in 25315, WV?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
660.0%

Summary: The 25315 real estate market had 6 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 12
+100.0%
4 32
-33.3%
5+ 00
0.0%

Summary: The 25315 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 100%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
02+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 25315, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 25315 in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 25315, WV

How long does it take to sell a home in 25315, WV?

Average Sale Time

Oct 2023Oct 2024CHANGE
45 Days60 Days+33.3%

Summary: Homes in 25315 had an average of 60 days on market in Oct 2024, up by 33.3% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 25315 has remained consistent over time.

Summary: During October 2024, 2 homes were sold in 25315; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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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