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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Barboursville is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Barboursville, WV

How much do homes in Barboursville, WV cost?

Median Sold Price

$251,000

$136/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$39,750(+18.8%)

Key Takeaway

Homes in Barboursville have sold for 18.8% more than they did a year ago.

Summary: The median home sold price in Barboursville was $251,000 in November 2024, up 18.8% from last year, and the median price per square foot was $136.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $156K$161.2K
+3.4%
3 $195K$250K
+28.2%
4 $335K$338.5K
+1.0%
5+ -$887.5K
N/A

Summary: Barboursville 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 3.4%, 3 bedroom homes increased by 28.2%, 4 bedroom homes increased by 1%, and 5+ bedroom homes did not change.

Housing Supply in Barboursville, WV

How many homes are available in Barboursville, WV?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1314+7.7%

Summary: The Barboursville real estate market had 14 homes for sale in November 2024, a 7.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 55
0.0%
4 55
0.0%
5+ 22
0.0%

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

Number of Homes Sold

Oct 2024Nov 2024CHANGE
05+100.0%

Asking Price vs. Sold Price

5 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 Barboursville, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Barboursville in November 2024, up by 100.0% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Barboursville, WV

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

Average Sale Time

Nov 2023Nov 2024CHANGE
50 Days56 Days+11.0%

Summary: Homes in Barboursville had an average of 56 days on market in Nov 2024, up by 11% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 5 homes were sold in Barboursville; 20% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 20% 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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