Is 25560, WV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 25560 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 25560 has remained a Seller's Market.

Key Takeaway

25560 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 25560, WV

How much do homes in 25560, WV cost?

Median Sold Price

$299,900

$135/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$49,900(+20.0%)

Key Takeaway

Homes in 25560 have sold for 20% more than they did a year ago.

Summary: The median home sold price in 25560 was $299,900 in October 2024, up 20% from last year, and the median price per square foot was $135.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $180K$170K
-5.6%
3 $231.7K$263K
+13.5%
4 $275K$345K
+25.5%
5+ $439.9K$409.6K
-6.9%

Summary: 25560 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 decreased by 5.6%, 3 bedroom homes increased by 13.5%, 4 bedroom homes increased by 25.5%, and 5+ bedroom homes decreased by 6.9%.

Median Sold Price Compared To Nearby Zip Codes

25213
+29.6%
25560
+20.0%
25143
+19.4%
25526
-1.8%

Housing Supply in 25560, WV

How many homes are available in 25560, WV?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2321-8.7%

Summary: The 25560 real estate market had 21 homes for sale in October 2024, a 8.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 97
-22.2%
4 87
-12.5%
5+ 44
0.0%

Summary: The 25560 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 50%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
106-40.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 25560, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 25560 in October 2024, down by 40.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for 25560, WV

How long does it take to sell a home in 25560, WV?

Average Sale Time

Oct 2023Oct 2024CHANGE
3 Days12 Days+222.6%

Summary: Homes in 25560 had an average of 12 days on market in Oct 2024, up by 222.6% compared to last year.

Breakdown of Home Sale Times

6 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 25560 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 6 homes were sold in 25560; 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 5 Days Ago

Newest Listings in 25560, WV

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