Is 26047, WV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 26047 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 26047 has remained a Buyer's Market.

Key Takeaway

26047 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 26047, WV

How much do homes in 26047, WV cost?

Median Sold Price

$349,000

$194/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$279,500(+402.2%)

Key Takeaway

Homes in 26047 have sold for 402.2% more than they did a month ago.

Summary: The median home sold price in 26047 was $349,000 in October 2024, up 402.2% from last month, and the median price per square foot was $194.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $69.5K$349K
+402.2%
4 --
N/A
5+ --
N/A

Summary: 26047 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 402.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

26047
+402.2%
15043
-72.3%

Housing Supply in 26047, WV

How many homes are available in 26047, WV?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1421+50.0%

Summary: The 26047 real estate market had 21 homes for sale in October 2024, a 50.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 1015
+50.0%
4 12
+100.0%
5+ 33
0.0%

Summary: The 26047 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 100%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 26047, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in 26047 in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for 26047, WV

How long does it take to sell a home in 26047, WV?

Average Sale Time

Sep 2024Oct 2024CHANGE
2 Days22 Days+1025.0%

Summary: Homes in 26047 had an average of 22 days on market in Oct 2024, up by 1025% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 26047 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in 26047; 50% of homes were sold within 30 days, 50% 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 23 Days Ago

Newest Listings in 26047, WV

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