Is 25510, WV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 25510 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 25510 has remained a Seller's Market.

Key Takeaway

25510 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 25510, WV

How much do homes in 25510, WV cost?

Median Sold Price

$215,000

$127/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$14,000(-6.1%)

Key Takeaway

Homes in 25510 have sold for 6.1% less than they did a year ago.

Summary: The median home sold price in 25510 was $215,000 in October 2024, down 6.1% from last year, and the median price per square foot was $127.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $140K$171.9K
+22.9%
3 $219.5K$189K
-13.9%
4 $246K$254.9K
+3.6%
5+ $405K$337.5K
-16.7%

Summary: 25510 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 22.9%, 3 bedroom homes decreased by 13.9%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes decreased by 16.7%.

Median Sold Price Compared To Nearby Zip Codes

25526
-1.8%
25510
-6.1%

Housing Supply in 25510, WV

How many homes are available in 25510, WV?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
79+28.6%

Summary: The 25510 real estate market had 9 homes for sale in October 2024, a 28.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 46
+50.0%
4 32
-33.3%
5+ 01
+100.0%

Summary: The 25510 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 50%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 25510, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in 25510 in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.

Days on Market for 25510, WV

How long does it take to sell a home in 25510, WV?

Average Sale Time

Oct 2023Oct 2024CHANGE
29 Days3 Days-89.8%

Summary: Homes in 25510 had an average of 3 days on market in Oct 2024, down by 89.8% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 25510 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in 25510; 100% of homes were sold within 30 days, 0% 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 4 Days Ago

Newest Listings in 25510, WV

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