Is 26070, WV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 26070 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 26070 has remained a Seller's Market.

Key Takeaway

26070 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 26070, WV

How much do homes in 26070, WV cost?

Median Sold Price

$152,000

$90/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$24,000(+18.8%)

Key Takeaway

Homes in 26070 have sold for 18.8% more than they did a year ago.

Summary: The median home sold price in 26070 was $152,000 in October 2024, up 18.8% from last year, and the median price per square foot was $90.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $63K$115K
+82.5%
3 $142.5K$151.5K
+6.3%
4 $144.9K$244.5K
+68.8%
5+ $145K$108K
-25.5%

Summary: 26070 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 82.5%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 68.8%, and 5+ bedroom homes decreased by 25.5%.

Median Sold Price Compared To Nearby Zip Codes

26070
+18.8%
43913
-22.5%

Housing Supply in 26070, WV

How many homes are available in 26070, WV?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2426+8.3%

Summary: The 26070 real estate market had 26 homes for sale in October 2024, a 8.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 47
+75.0%
3 87
-12.5%
4 78
+14.3%
5+ 43
-25.0%

Summary: The 26070 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 75%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
45+25.0%

Asking Price vs. Sold Price

3 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 26070, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 26070 in October 2024, up by 25.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.

Days on Market for 26070, WV

How long does it take to sell a home in 26070, WV?

Average Sale Time

Oct 2023Oct 2024CHANGE
87 Days65 Days-25.4%

Summary: Homes in 26070 had an average of 65 days on market in Oct 2024, down by 25.4% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

4 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 26070 has remained consistent over time.

Summary: During October 2024, 5 homes were sold in 26070; 0% of homes were sold within 30 days, 80% of homes were sold within 30 to 90 days, and 20% 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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