Is 26181, WV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 26181 is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 26181 was a Buyer's Market.

Key Takeaway

26181 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 26181, WV

How much do homes in 26181, WV cost?

Median Sold Price

$250,000

$117/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$21,500(+9.4%)

Key Takeaway

Homes in 26181 have sold for 9.4% more than they did a year ago.

Summary: The median home sold price in 26181 was $250,000 in October 2024, up 9.4% from last year, and the median price per square foot was $117.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$90K
N/A
2 $135K$80K
-40.7%
3 $182.9K$220K
+20.3%
4 $315K$315K
0.0%
5+ $279K$475K
+70.3%

Summary: 26181 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 40.7%, 3 bedroom homes increased by 20.3%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 70.3%.

Median Sold Price Compared To Nearby Zip Codes

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

Housing Supply in 26181, WV

How many homes are available in 26181, WV?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
13130.0%

Summary: The 26181 real estate market had 13 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 108
-20.0%
4 24
+100.0%
5+ 00
0.0%

Summary: The 26181 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 remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
330.0%

Asking Price vs. Sold Price

1 Home Was 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 26181, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 26181 in October 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for 26181, WV

How long does it take to sell a home in 26181, WV?

Average Sale Time

Oct 2023Oct 2024CHANGE
63 Days21 Days-65.6%

Summary: Homes in 26181 had an average of 21 days on market in Oct 2024, down by 65.6% compared to last year.

Breakdown of Home Sale Times

2 Homes Were 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 26181 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in 26181; 67% of homes were sold within 30 days, 33% 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 4 Days Ago

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