Is 25419, WV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 25419 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 25419 has remained a Seller's Market.

Key Takeaway

25419 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 25419, WV

How much do homes in 25419, WV cost?

Median Sold Price

$300,140

$169/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$15,140(+5.3%)

Key Takeaway

Homes in 25419 have sold for 5.3% more than they did a year ago.

Summary: The median home sold price in 25419 was $300,140 in October 2024, up 5.3% from last year, and the median price per square foot was $169.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $155K$187.5K
+21.0%
2 $260K$289.4K
+11.3%
3 $273.4K$290K
+6.1%
4 $420K$398.7K
-5.1%
5+ $609K$600K
-1.5%

Summary: 25419 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21%, 2 bedroom homes increased by 11.3%, 3 bedroom homes increased by 6.1%, 4 bedroom homes decreased by 5.1%, and 5+ bedroom homes decreased by 1.5%.

Median Sold Price Compared To Nearby Zip Codes

21722
+16.9%
25404
+10.1%
25403
+7.4%
21795
+7.2%
25419
+5.3%

Housing Supply in 25419, WV

How many homes are available in 25419, WV?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
74740.0%

Summary: The 25419 real estate market had 74 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 24
+100.0%
3 5349
-7.5%
4 1617
+6.3%
5+ 34
+33.3%

Summary: The 25419 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 100%, 3 bedroom homes decreased by 7.5%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1328+115.4%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 25419, you may be able to get a good deal. 35.7% of homes here sold below asking price last month.

Summary: A total of 28 homes were sold or pending in 25419 in October 2024, up by 115.4% month-over-month. Of the 28 sold homes, 36% were sold under asking, 36% were sold at asking, and 29% were sold over asking.

Days on Market for 25419, WV

How long does it take to sell a home in 25419, WV?

Average Sale Time

Oct 2023Oct 2024CHANGE
11 Days60 Days+439.9%

Summary: Homes in 25419 had an average of 60 days on market in Oct 2024, up by 439.9% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 25419 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 28 homes were sold in 25419; 61% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 7% 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 21 Days Ago

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