$2,921 Closing Credit*
$245,990
1,442 SqFt
3 Beds
•2 Full Baths
Tineshia R. Johnson, Listing Office: NVR Services, Inc.
Is Berkeley County, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Berkeley County has remained a Seller's Market.
Key Takeaway
Berkeley County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Berkeley County, WV
How much do homes in Berkeley County, WV cost?
Median Sold Price
$304,498
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$16,478(+5.7%)
Key Takeaway
Homes in Berkeley County have sold for 5.7% more than they did a year ago.
Summary: The median home sold price in Berkeley County was $304,498 in November 2024, up 5.7% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $149K | $193K | +29.5% |
| 2 Bedrooms | $218.9K | $230K | +5.0% |
| 3 Bedrooms | $273.5K | $287.1K | +5.0% |
| 4 Bedrooms | $349.6K | $370K | +5.8% |
| 5+ Bedrooms | $408.6K | $426.5K | +4.4% |
Summary: Berkeley County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 29.5%, 2 bedroom homes increased by 5%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes increased by 4.4%.
Median Sold Price Compared To Nearby Counties
| Jefferson County | $364.2K | $411K | +12.8% |
| Berkeley County | $288K | $304.4K | +5.7% |
| Washington County | $304.6K | $310.6K | +2.0% |
| Morgan County | $289.9K | $288K | -0.7% |
Housing Supply in Berkeley County, WV
How many homes are available in Berkeley County, WV?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 674 | 628 | -6.8% |
Summary: The Berkeley County real estate market had 628 homes for sale in November 2024, a 6.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 51 | 58 | +13.7% |
| 3 Bedrooms | 399 | 380 | -4.8% |
| 4 Bedrooms | 184 | 156 | -15.2% |
| 5+ Bedrooms | 38 | 33 | -13.2% |
Summary: The Berkeley County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 13.7%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes decreased by 15.2%, and 5+ bedroom homes decreased by 13.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 190 | 153 | -19.5% |
Asking Price vs. Sold Price
58 Homes Were Sold
Under Asking
60 Homes Were Sold
At Asking
35 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Berkeley County, expect to pay close to the asking price. 39.2% of homes here sold near the asking price last month.
Summary: A total of 153 homes were sold or pending in Berkeley County in November 2024, down by 19.5% month-over-month. Of the 153 sold homes, 38% were sold under asking, 39% were sold at asking, and 23% were sold over asking.
Days on Market for Berkeley County, WV
How long does it take to sell a home in Berkeley County, WV?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 28 Days | 26 Days | -5.5% |
Summary: Homes in Berkeley County had an average of 26 days on market in Nov 2024, down by 5.5% compared to last year.
Breakdown of Home Sale Times
105 Homes Were Sold
Under 30 Days
46 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Berkeley County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 153 homes were sold in Berkeley County; 69% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 1% of homes were sold over 90 days.
