Is 26187, WV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 26187 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 26187 has remained a Seller's Market.

Key Takeaway

26187 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 26187, WV

How much do homes in 26187, WV cost?

Median Sold Price

$195,000

$117/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$21,500(-9.9%)

Key Takeaway

Homes in 26187 have sold for 9.9% less than they did a year ago.

Summary: The median home sold price in 26187 was $195,000 in November 2024, down 9.9% from last year, and the median price per square foot was $117.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $149.9K$220.5K
+47.1%
3 $203K$180K
-11.3%
4 $218K$272K
+24.8%
5+ $505K$1.0M
+101.0%

Summary: 26187 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 47.1%, 3 bedroom homes decreased by 11.3%, 4 bedroom homes increased by 24.8%, and 5+ bedroom homes increased by 101%.

Median Sold Price Compared To Nearby Zip Codes

26104
+8.3%
45750
+7.5%
26105
-4.9%
26187
-9.9%

Housing Supply in 26187, WV

How many homes are available in 26187, WV?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2223+4.5%

Summary: The 26187 real estate market had 23 homes for sale in November 2024, a 4.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 1112
+9.1%
4 79
+28.6%
5+ 21
-50.0%

Summary: The 26187 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 26187, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 26187 in November 2024, up by 66.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.

Days on Market for 26187, WV

How long does it take to sell a home in 26187, WV?

Average Sale Time

Nov 2023Nov 2024CHANGE
29 Days63 Days+120.0%

Summary: Homes in 26187 had an average of 63 days on market in Nov 2024, up by 120% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 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 26187 has remained consistent over time.

Summary: During November 2024, 5 homes were sold in 26187; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% 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 21 Days Ago

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