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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 26037 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 26037 has remained a Seller's Market.

Key Takeaway

26037 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 26037, WV

How much do homes in 26037, WV cost?

Median Sold Price

$147,000

$94/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$33,500(+29.5%)

Key Takeaway

Homes in 26037 have sold for 29.5% more than they did a year ago.

Summary: The median home sold price in 26037 was $147,000 in October 2024, up 29.5% from last year, and the median price per square foot was $94.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$93K
N/A
2 $109.5K$67.2K
-38.6%
3 $111K$162K
+45.9%
4 $214.2K$170.2K
-20.6%
5+ $120K$205K
+70.8%

Summary: 26037 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 38.6%, 3 bedroom homes increased by 45.9%, 4 bedroom homes decreased by 20.6%, and 5+ bedroom homes increased by 70.8%.

Median Sold Price Compared To Nearby Zip Codes

26037
+29.5%
26070
+18.8%

Housing Supply in 26037, WV

How many homes are available in 26037, WV?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2523-8.0%

Summary: The 26037 real estate market had 23 homes for sale in October 2024, a 8.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 76
-14.3%
3 1312
-7.7%
4 22
0.0%
5+ 33
0.0%

Summary: The 26037 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 14.3%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
440.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 26037, expect to pay close to the asking price. 75% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in 26037 in October 2024, the same as the previous month. Of the 4 sold homes, 25% were sold under asking, 75% were sold at asking, and 0% 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

Oct 2023Oct 2024CHANGE
44 Days52 Days+18.1%

Summary: Homes in 26037 had an average of 52 days on market in Oct 2024, up by 18.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 October 2024, 4 homes were sold in 26037; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% 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

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