Is 25526, WV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 25526 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 25526 has remained a Seller's Market.

Key Takeaway

25526 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 25526, WV

How much do homes in 25526, WV cost?

Median Sold Price

$269,950

$142/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$5,050(-1.8%)

Key Takeaway

Homes in 25526 have sold for 1.8% less than they did a year ago.

Summary: The median home sold price in 25526 was $269,950 in October 2024, down 1.8% from last year, and the median price per square foot was $142.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $137K$169.5K
+23.7%
2 $169.5K$171.5K
+1.2%
3 $195K$236.2K
+21.2%
4 $358.5K$377.5K
+5.3%
5+ $424.7K$465K
+9.5%

Summary: 25526 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 23.7%, 2 bedroom homes increased by 1.2%, 3 bedroom homes increased by 21.2%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 9.5%.

Median Sold Price Compared To Nearby Zip Codes

25213
+29.6%
25560
+20.0%
25177
+9.7%
25526
-1.8%
25510
-6.1%

Housing Supply in 25526, WV

How many homes are available in 25526, WV?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6164+4.9%

Summary: The 25526 real estate market had 64 homes for sale in October 2024, a 4.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 2729
+7.4%
4 1919
0.0%
5+ 1113
+18.2%

Summary: The 25526 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 decreased by 25%, 3 bedroom homes increased by 7.4%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 18.2%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1519+26.7%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 25526, you may be able to get a good deal. 47.4% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in 25526 in October 2024, up by 26.7% month-over-month. Of the 19 sold homes, 47% were sold under asking, 16% were sold at asking, and 37% were sold over asking.

Days on Market for 25526, WV

How long does it take to sell a home in 25526, WV?

Average Sale Time

Oct 2023Oct 2024CHANGE
16 Days12 Days-28.4%

Summary: Homes in 25526 had an average of 12 days on market in Oct 2024, down by 28.4% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 25526 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 19 homes were sold in 25526; 79% of homes were sold within 30 days, 21% 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 25526, WV

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