Is 25411, WV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 25411 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 25411 was a Seller's Market.

Key Takeaway

25411 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 25411, WV

How much do homes in 25411, WV cost?

Median Sold Price

$290,000

$182/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$20,000(-6.5%)

Key Takeaway

Homes in 25411 have sold for 6.5% less than they did a year ago.

Summary: The median home sold price in 25411 was $290,000 in November 2024, down 6.5% from last year, and the median price per square foot was $182.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $102.6K$250K
+143.6%
2 $232.4K$230K
-1.1%
3 $312.5K$300K
-4.0%
4 $335K$355K
+6.0%
5+ $360K$345K
-4.2%

Summary: 25411 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 143.6%, 2 bedroom homes decreased by 1.1%, 3 bedroom homes decreased by 4%, 4 bedroom homes increased by 6%, and 5+ bedroom homes decreased by 4.2%.

Median Sold Price Compared To Nearby Zip Codes

21750
+18.9%
25427
+5.9%
25411
-6.5%

Housing Supply in 25411, WV

How many homes are available in 25411, WV?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
9095+5.6%

Summary: The 25411 real estate market had 95 homes for sale in November 2024, a 5.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 1510
-33.3%
3 4856
+16.7%
4 1618
+12.5%
5+ 910
+11.1%

Summary: The 25411 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 11.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1412-14.3%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 25411, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in 25411 in November 2024, down by 14.3% month-over-month. Of the 12 sold homes, 75% were sold under asking, 8% were sold at asking, and 17% were sold over asking.

Days on Market for 25411, WV

How long does it take to sell a home in 25411, WV?

Average Sale Time

Nov 2023Nov 2024CHANGE
23 Days31 Days+33.7%

Summary: Homes in 25411 had an average of 31 days on market in Nov 2024, up by 33.7% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 25411 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 12 homes were sold in 25411; 75% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

Newest Listings in 25411, WV

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