$5,581 Closing Credit*
$470,000
1,624 SqFt
3 Beds
•2 Full Baths
Matthew H Deaner, Listing Office: Touchstone Realty, LLC
Is 25427, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 25427 was a Seller's Market.
Key Takeaway
25427 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 25427, WV
How much do homes in 25427, WV cost?
Median Sold Price
$305,000
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$23,240(+8.2%)
Key Takeaway
Homes in 25427 have sold for 8.2% more than they did a year ago.
Summary: The median home sold price in 25427 was $305,000 in October 2024, up 8.2% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $152K | $211.2K | +39.0% |
| 2 Bedrooms | $232.5K | $259.7K | +11.7% |
| 3 Bedrooms | $280K | $295K | +5.4% |
| 4 Bedrooms | $327.5K | $380.6K | +16.2% |
| 5+ Bedrooms | $411.9K | $412.5K | 0.1% |
Summary: 25427 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 39%, 2 bedroom homes increased by 11.7%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 16.2%, and 5+ bedroom homes increased by 0.1%.
Housing Supply in 25427, WV
How many homes are available in 25427, WV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 114 | 137 | +20.2% |
Summary: The 25427 real estate market had 137 homes for sale in October 2024, a 20.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 14 | 22 | +57.1% |
| 3 Bedrooms | 66 | 82 | +24.2% |
| 4 Bedrooms | 26 | 26 | 0.0% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The 25427 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 57.1%, 3 bedroom homes increased by 24.2%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 30 | 22 | -26.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 25427, expect to pay close to the asking price. 40.9% of homes here sold near the asking price last month.
Summary: A total of 22 homes were sold or pending in 25427 in October 2024, down by 26.7% month-over-month. Of the 22 sold homes, 32% were sold under asking, 41% were sold at asking, and 27% were sold over asking.
Days on Market for 25427, WV
How long does it take to sell a home in 25427, WV?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 31 Days | 34 Days | +9.9% |
Summary: Homes in 25427 had an average of 34 days on market in Oct 2024, up by 9.9% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 25427 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 22 homes were sold in 25427; 64% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
