$3,653 Closing Credit*
$307,653
1,918 SqFt
3 Beds
•3 Full Baths
BARBARA A KNICKERBOCKER, Listing Office: Leading Edge Properties LLC
Is 25405, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$308,410
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$5,235(+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 $308,410 in November 2024, up 1.7% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $275K | N/A |
| 2 Bedrooms | $224.9K | $194.7K | -13.4% |
| 3 Bedrooms | $282K | $290K | +2.8% |
| 4 Bedrooms | $330K | $349.7K | +6.0% |
| 5+ Bedrooms | $345K | $375K | +8.7% |
Summary: 25405 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 13.4%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 6%, and 5+ bedroom homes increased by 8.7%.
Housing Supply in 25405, WV
How many homes are available in 25405, WV?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 88 | 86 | -2.3% |
Summary: The 25405 real estate market had 86 homes for sale in November 2024, a 2.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 56 | 51 | -8.9% |
| 4 Bedrooms | 22 | 26 | +18.2% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The 25405 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 20%, 3 bedroom homes decreased by 8.9%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 24 | 16 | -33.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 25405, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in 25405 in November 2024, down by 33.3% month-over-month. Of the 16 sold homes, 50% were sold under asking, 44% were sold at asking, and 6% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 39 Days | 25 Days | -36.2% |
Summary: Homes in 25405 had an average of 25 days on market in Nov 2024, down by 36.2% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
5 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 November 2024, 16 homes were sold in 25405; 69% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
