Is 26807, WV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 26807 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 26807 was a Neutral Market.

Key Takeaway

26807 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 26807, WV

How much do homes in 26807, WV cost?

Median Sold Price

$342,750

$152/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$69,250(+25.3%)

Key Takeaway

Homes in 26807 have sold for 25.3% more than they did a month ago.

Summary: The median home sold price in 26807 was $342,750 in October 2024, up 25.3% from last month, and the median price per square foot was $152.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $148K-
N/A
3 --
N/A
4 -$342.7K
N/A
5+ $399K-
N/A

Summary: 26807 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 26807, WV

How many homes are available in 26807, WV?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1211-8.3%

Summary: The 26807 real estate market had 11 homes for sale in October 2024, a 8.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 23
+50.0%
3 00
0.0%
4 65
-16.7%
5+ 21
-50.0%

Summary: The 26807 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 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 26807, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 26807 in October 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 26807, WV

How long does it take to sell a home in 26807, WV?

Average Sale Time

Sep 2024Oct 2024CHANGE
60 Days110 Days+84.2%

Summary: Homes in 26807 had an average of 110 days on market in Oct 2024, up by 84.2% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 26807 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 2 homes were sold in 26807; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 17 Days Ago

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