$1,900 Closing Credit*
$160,000
2,550 SqFt
5 Beds
•2 Full Baths
Elishua Brown, Listing Office: Berkshire Hathaway HS GER
Is 25387, 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, 25387 was a Buyer's Market.
Key Takeaway
25387 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 25387, WV
How much do homes in 25387, WV cost?
Median Sold Price
$68,950
$49/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$28,300(-29.1%)
Key Takeaway
Homes in 25387 have sold for 29.1% less than they did a year ago.
Summary: The median home sold price in 25387 was $68,950 in October 2024, down 29.1% from last year, and the median price per square foot was $49.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $17K | - | N/A |
| 2 Bedrooms | $84.2K | $38.2K | -54.6% |
| 3 Bedrooms | $100K | $74.9K | -25.1% |
| 4 Bedrooms | $97.2K | $197K | +102.6% |
| 5+ Bedrooms | $30K | $130K | +333.3% |
Summary: 25387 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 54.6%, 3 bedroom homes decreased by 25.1%, 4 bedroom homes increased by 102.6%, and 5+ bedroom homes increased by 333.3%.
Housing Supply in 25387, WV
How many homes are available in 25387, WV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 16 | +14.3% |
Summary: The 25387 real estate market had 16 homes for sale in October 2024, a 14.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 5 | 6 | +20.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The 25387 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 20%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 25387, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 25387 in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for 25387, WV
How long does it take to sell a home in 25387, WV?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 3 Days | 47 Days | +1466.7% |
Summary: Homes in 25387 had an average of 47 days on market in Oct 2024, up by 1466.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 25387 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in 25387; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
