$4,038 Closing Credit*
$340,000
1,777 SqFt
4 Beds
•3 Full Baths
Shawn E Craig, Listing Office: ERA Liberty Realty
Is 25405, 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, 25405 has remained a Seller's Market.
Key Takeaway
25405 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 25405, WV
How much do homes in 25405, WV cost?
Median Sold Price
$305,000
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$5,000(+1.7%)
Key Takeaway
Homes in 25405 have sold for 1.7% more than they did a year ago.
Summary: The median home sold price in 25405 was $305,000 in October 2024, up 1.7% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $275K | N/A |
| 2 Bedrooms | $224.9K | $194.7K | -13.4% |
| 3 Bedrooms | $280.2K | $290K | +3.5% |
| 4 Bedrooms | $329.9K | $350K | +6.1% |
| 5+ Bedrooms | $345K | $405K | +17.4% |
Summary: 25405 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 13.4%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes increased by 17.4%.
Housing Supply in 25405, WV
How many homes are available in 25405, WV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 76 | 87 | +14.5% |
Summary: The 25405 real estate market had 87 homes for sale in October 2024, a 14.5% 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 | 6 | 7 | +16.7% |
| 3 Bedrooms | 49 | 53 | +8.2% |
| 4 Bedrooms | 18 | 21 | +16.7% |
| 5+ Bedrooms | 3 | 6 | +100.0% |
Summary: The 25405 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 16.7%, 3 bedroom homes increased by 8.2%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 15 | -21.1% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 25405, expect to pay close to the asking price. 53.3% of homes here sold near the asking price last month.
Summary: A total of 15 homes were sold or pending in 25405 in October 2024, down by 21.1% month-over-month. Of the 15 sold homes, 27% were sold under asking, 53% were sold at asking, and 20% were sold over asking.
Days on Market for 25405, WV
How long does it take to sell a home in 25405, WV?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 19 Days | 24 Days | +21.7% |
Summary: Homes in 25405 had an average of 24 days on market in Oct 2024, up by 21.7% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 25405 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 15 homes were sold in 25405; 73% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
