Is 26037, WV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 26037 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 26037 was a Seller's Market.

Key Takeaway

26037 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 26037, WV

How much do homes in 26037, WV cost?

Median Sold Price

$146,000

$94/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$36,500(+33.3%)

Key Takeaway

Homes in 26037 have sold for 33.3% more than they did a year ago.

Summary: The median home sold price in 26037 was $146,000 in November 2024, up 33.3% from last year, and the median price per square foot was $94.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$93K
N/A
2 $99.7K$69.9K
-29.9%
3 $93.8K$162K
+72.6%
4 $260K$140.4K
-46.0%
5+ $110K$205K
+86.4%

Summary: 26037 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 29.9%, 3 bedroom homes increased by 72.6%, 4 bedroom homes decreased by 46%, and 5+ bedroom homes increased by 86.4%.

Housing Supply in 26037, WV

How many homes are available in 26037, WV?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2118-14.3%

Summary: The 26037 real estate market had 18 homes for sale in November 2024, a 14.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 65
-16.7%
3 1110
-9.1%
4 22
0.0%
5+ 21
-50.0%

Summary: The 26037 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 26037, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 26037 in November 2024, down by 40.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for 26037, WV

How long does it take to sell a home in 26037, WV?

Average Sale Time

Nov 2023Nov 2024CHANGE
39 Days67 Days+70.8%

Summary: Homes in 26037 had an average of 67 days on market in Nov 2024, up by 70.8% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 26037 has remained consistent over time.

Summary: During November 2024, 3 homes were sold in 26037; 0% of homes were sold within 30 days, 100% 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 21 Days Ago

Newest Listings in 26037, WV

Nearby Markets to 26037, WV