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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Belle is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Belle was a Seller's Market.

Key Takeaway

Belle is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Belle, WV

How much do homes in Belle, WV cost?

Median Sold Price

$120,000

$105/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$23,066(+23.8%)

Key Takeaway

Homes in Belle have sold for 23.8% more than they did a year ago.

Summary: The median home sold price in Belle was $120,000 in October 2024, up 23.8% from last year, and the median price per square foot was $105.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $68K$95K
+39.7%
3 $96.9K$134.9K
+39.2%
4 $149.6K$168K
+12.3%
5+ $140K-
N/A

Summary: Belle 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 increased by 39.7%, 3 bedroom homes increased by 39.2%, 4 bedroom homes increased by 12.3%, and 5+ bedroom homes did not change.

Housing Supply in Belle, WV

How many homes are available in Belle, WV?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
98-11.1%

Summary: The Belle real estate market had 8 homes for sale in October 2024, a 11.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 44
0.0%
4 32
-33.3%
5+ 00
0.0%

Summary: The Belle 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 remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

1 Home Was 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 Belle, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Belle in October 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Belle, WV

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

Average Sale Time

Oct 2023Oct 2024CHANGE
54 Days67 Days+24.1%

Summary: Homes in Belle had an average of 67 days on market in Oct 2024, up by 24.1% compared to last year.

Breakdown of Home Sale Times

0 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

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

Summary: During October 2024, 1 homes were sold in Belle; 0% of homes were sold within 30 days, 100% 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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