Is 25443, WV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 25443 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 25443 was a Seller's Market.

Key Takeaway

25443 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 25443, WV

How much do homes in 25443, WV cost?

Median Sold Price

$548,000

$214/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$85,000(+18.4%)

Key Takeaway

Homes in 25443 have sold for 18.4% more than they did a year ago.

Summary: The median home sold price in 25443 was $548,000 in October 2024, up 18.4% from last year, and the median price per square foot was $214.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $222.5K$270K
+21.3%
2 $325K$476K
+46.5%
3 $377.5K$470K
+24.5%
4 $485K$599.9K
+23.7%
5+ $585K$749.8K
+28.2%

Summary: 25443 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.3%, 2 bedroom homes increased by 46.5%, 3 bedroom homes increased by 24.5%, 4 bedroom homes increased by 23.7%, and 5+ bedroom homes increased by 28.2%.

Median Sold Price Compared To Nearby Zip Codes

21782
+29.8%
25443
+18.4%
25430
+15.3%
25404
+10.1%

Housing Supply in 25443, WV

How many homes are available in 25443, WV?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4046+15.0%

Summary: The 25443 real estate market had 46 homes for sale in October 2024, a 15.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1317
+30.8%
4 2022
+10.0%
5+ 66
0.0%

Summary: The 25443 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 30.8%, 4 bedroom homes increased by 10%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
67+16.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 25443, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.

Summary: A total of 7 homes were sold or pending in 25443 in October 2024, up by 16.7% month-over-month. Of the 7 sold homes, 29% were sold under asking, 43% were sold at asking, and 29% were sold over asking.

Days on Market for 25443, WV

How long does it take to sell a home in 25443, WV?

Average Sale Time

Oct 2023Oct 2024CHANGE
38 Days20 Days-46.0%

Summary: Homes in 25443 had an average of 20 days on market in Oct 2024, down by 46% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 25443 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 7 homes were sold in 25443; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% 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 23 Days Ago

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