$2,256 Closing Credit*
$190,000
1,825 SqFt
3 Beds
•2 Full Baths, 1 Partial
Linda Faye Evans, Listing Office: Old Colony
Is 25387, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 25387 was a Seller's Market.
Key Takeaway
25387 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 25387, WV
How much do homes in 25387, WV cost?
Median Sold Price
$92,000
$51/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$5,250(-5.4%)
Key Takeaway
Homes in 25387 have sold for 5.4% less than they did a year ago.
Summary: The median home sold price in 25387 was $92,000 in November 2024, down 5.4% from last year, and the median price per square foot was $51.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $17K | - | N/A |
| 2 Bedrooms | $84.2K | $50K | -40.6% |
| 3 Bedrooms | $100K | $87.4K | -12.6% |
| 4 Bedrooms | $97.2K | $142K | +46.0% |
| 5+ Bedrooms | $30K | $130K | +333.3% |
Summary: 25387 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 40.6%, 3 bedroom homes decreased by 12.6%, 4 bedroom homes increased by 46%, 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 12 | -33.3% |
Summary: The 25387 real estate market had 12 homes for sale in November 2024, a 33.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 8 | 4 | -50.0% |
| 3 Bedrooms | 6 | 5 | -16.7% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 25387 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 25387, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in 25387 in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 50 Days | 19 Days | -61.5% |
Summary: Homes in 25387 had an average of 19 days on market in Nov 2024, down by 61.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 25387 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in 25387; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
