Is 26101, WV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 26101 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 26101 has remained a Seller's Market.

Key Takeaway

26101 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 26101, WV

How much do homes in 26101, WV cost?

Median Sold Price

$142,000

$87/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$7,333(+5.4%)

Key Takeaway

Homes in 26101 have sold for 5.4% more than they did a year ago.

Summary: The median home sold price in 26101 was $142,000 in October 2024, up 5.4% from last year, and the median price per square foot was $87.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $62K-
N/A
2 $105K$119K
+13.3%
3 $129K$139K
+7.8%
4 $180K$180K
0.0%
5+ $235K$188K
-20.0%

Summary: 26101 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 13.3%, 3 bedroom homes increased by 7.8%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 20%.

Median Sold Price Compared To Nearby Zip Codes

26104
+10.7%
26181
+9.4%
26101
+5.4%
26150
-4.8%

Housing Supply in 26101, WV

How many homes are available in 26101, WV?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
103104+1.0%

Summary: The 26101 real estate market had 104 homes for sale in October 2024, a 1.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1217
+41.7%
3 5953
-10.2%
4 2018
-10.0%
5+ 1216
+33.3%

Summary: The 26101 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 41.7%, 3 bedroom homes decreased by 10.2%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21210.0%

Asking Price vs. Sold Price

14 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 26101, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in 26101 in October 2024, the same as the previous month. Of the 21 sold homes, 67% were sold under asking, 10% were sold at asking, and 24% were sold over asking.

Days on Market for 26101, WV

How long does it take to sell a home in 26101, WV?

Average Sale Time

Oct 2023Oct 2024CHANGE
49 Days55 Days+11.0%

Summary: Homes in 26101 had an average of 55 days on market in Oct 2024, up by 11% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 26101 has remained consistent over time.

Summary: During October 2024, 21 homes were sold in 26101; 19% of homes were sold within 30 days, 71% of homes were sold within 30 to 90 days, and 10% 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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