$67,000
0.92 Acres
Land
Kevin H Coomler, Listing Office: ERA Liberty Realty
Is 25425, 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, 25425 has remained a Seller's Market.
Key Takeaway
25425 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 25425, WV
How much do homes in 25425, WV cost?
Median Sold Price
$375,000
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$10,000(+2.7%)
Key Takeaway
Homes in 25425 have sold for 2.7% more than they did a year ago.
Summary: The median home sold price in 25425 was $375,000 in October 2024, up 2.7% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $50K | $76.7K | +53.5% |
| 2 Bedrooms | $249.9K | $275K | +10.0% |
| 3 Bedrooms | $352.2K | $370.2K | +5.1% |
| 4 Bedrooms | $457.5K | $519K | +13.4% |
| 5+ Bedrooms | $527.5K | $608.7K | +15.4% |
Summary: 25425 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 53.5%, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 13.4%, and 5+ bedroom homes increased by 15.4%.
Housing Supply in 25425, WV
How many homes are available in 25425, WV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 75 | 75 | 0.0% |
Summary: The 25425 real estate market had 75 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 11 | 11 | 0.0% |
| 3 Bedrooms | 37 | 38 | +2.7% |
| 4 Bedrooms | 24 | 22 | -8.3% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 25425 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 remained the same, 3 bedroom homes increased by 2.7%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 22 | -4.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 25425, you could pay more than the asking price. 40.9% of homes here sold above asking price last month.
Summary: A total of 22 homes were sold or pending in 25425 in October 2024, down by 4.3% month-over-month. Of the 22 sold homes, 32% were sold under asking, 27% were sold at asking, and 41% were sold over asking.
Days on Market for 25425, WV
How long does it take to sell a home in 25425, WV?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 32 Days | 20 Days | -34.8% |
Summary: Homes in 25425 had an average of 20 days on market in Oct 2024, down by 34.8% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 25425 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 22 homes were sold in 25425; 77% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
