$2,611 Closing Credit*
$219,900
1,064 SqFt
2 Beds
•2 Full Baths
John D Vanorsdale Jr., Listing Office: Samson Properties
Is 25401, 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, 25401 has remained a Seller's Market.
Key Takeaway
25401 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 25401, WV
How much do homes in 25401, WV cost?
Median Sold Price
$242,000
$157/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$6,630(+2.8%)
Key Takeaway
Homes in 25401 have sold for 2.8% more than they did a year ago.
Summary: The median home sold price in 25401 was $242,000 in October 2024, up 2.8% from last year, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $131K | - | N/A |
| 2 Bedrooms | $165K | $199.9K | +21.2% |
| 3 Bedrooms | $235K | $239.5K | +1.9% |
| 4 Bedrooms | $293K | $312.9K | +6.8% |
| 5+ Bedrooms | $350K | $350K | 0.0% |
Summary: 25401 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 increased by 21.2%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes did not change.
Housing Supply in 25401, WV
How many homes are available in 25401, WV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 66 | 67 | +1.5% |
Summary: The 25401 real estate market had 67 homes for sale in October 2024, a 1.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 10 | 8 | -20.0% |
| 3 Bedrooms | 38 | 42 | +10.5% |
| 4 Bedrooms | 16 | 15 | -6.3% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 25401 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 decreased by 20%, 3 bedroom homes increased by 10.5%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 15 | -16.7% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 25401, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in 25401 in October 2024, down by 16.7% month-over-month. Of the 15 sold homes, 60% were sold under asking, 33% were sold at asking, and 7% were sold over asking.
Days on Market for 25401, WV
How long does it take to sell a home in 25401, WV?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 22 Days | 25 Days | +13.7% |
Summary: Homes in 25401 had an average of 25 days on market in Oct 2024, up by 13.7% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 25401 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 15 homes were sold in 25401; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
