Is Adam Stephens, WV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Adam Stephens is a seller's market

Buyer's
Market

Difference Since December 2023

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

Key Takeaway

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

Housing Prices in Adam Stephens, WV

How much do homes in Adam Stephens, WV cost?

Median Sold Price

$235,000

$157/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$13,000(+5.9%)

Key Takeaway

Homes in Adam Stephens have sold for 5.9% more than they did a year ago.

Summary: The median home sold price in Adam Stephens was $235,000 in December 2024, up 5.9% from last year, and the median price per square foot was $157.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $131K$132.7K
+1.3%
2 $162.5K$185K
+13.8%
3 $222.2K$236.2K
+6.3%
4 $245K$300K
+22.4%
5+ $362.5K$350K
-3.4%

Summary: Adam Stephens housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.3%, 2 bedroom homes increased by 13.8%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 22.4%, and 5+ bedroom homes decreased by 3.4%.

Median Sold Price Compared To Nearby Cities

Norborne
+12.3%
Martinsburg
+6.1%
Adam Stephens
+5.9%
Valley
+5.0%
Tuscarora
+4.7%

Housing Supply in Adam Stephens, WV

How many homes are available in Adam Stephens, WV?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
8478-7.1%

Summary: The Adam Stephens real estate market had 78 homes for sale in December 2024, a 7.1% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 1617
+6.3%
3 5448
-11.1%
4 1110
-9.1%
5+ 33
0.0%

Summary: The Adam Stephens housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 6.3%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
1718+5.9%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Adam Stephens, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in Adam Stephens in December 2024, up by 5.9% month-over-month. Of the 18 sold homes, 56% were sold under asking, 22% were sold at asking, and 22% were sold over asking.

Days on Market for Adam Stephens, WV

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

Average Sale Time

Dec 2023Dec 2024CHANGE
30 Days63 Days+108.3%

Summary: Homes in Adam Stephens had an average of 63 days on market in Dec 2024, up by 108.3% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Adam Stephens are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 18 homes were sold in Adam Stephens; 44% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 17% 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

Newest Listings in Adam Stephens, WV

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