Is 26062, WV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 26062 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 26062 was a Seller's Market.

Key Takeaway

26062 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 26062, WV

How much do homes in 26062, WV cost?

Median Sold Price

$145,300

$98/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$13,300(+10.1%)

Key Takeaway

Homes in 26062 have sold for 10.1% more than they did a year ago.

Summary: The median home sold price in 26062 was $145,300 in October 2024, up 10.1% from last year, and the median price per square foot was $98.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $54.2K-
N/A
2 $84.8K$92K
+8.4%
3 $140K$148.4K
+6.0%
4 $120K$165K
+37.5%
5+ $115K$150K
+30.4%

Summary: 26062 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 increased by 8.4%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes increased by 30.4%.

Median Sold Price Compared To Nearby Zip Codes

43964
+25.2%
26062
+10.1%
43952
-1.1%

Housing Supply in 26062, WV

How many homes are available in 26062, WV?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
107108+0.9%

Summary: The 26062 real estate market had 108 homes for sale in October 2024, a 0.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 1415
+7.1%
3 6564
-1.5%
4 2322
-4.3%
5+ 46
+50.0%

Summary: The 26062 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 7.1%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2418-25.0%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 26062, you may be able to get a good deal. 61.1% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in 26062 in October 2024, down by 25.0% month-over-month. Of the 18 sold homes, 61% were sold under asking, 11% were sold at asking, and 28% were sold over asking.

Days on Market for 26062, WV

How long does it take to sell a home in 26062, WV?

Average Sale Time

Oct 2023Oct 2024CHANGE
63 Days75 Days+19.5%

Summary: Homes in 26062 had an average of 75 days on market in Oct 2024, up by 19.5% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 26062 has remained consistent over time.

Summary: During October 2024, 18 homes were sold in 26062; 17% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 33% 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

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