$2,849 Closing Credit*
$239,900
1,400 SqFt
3 Beds
•2 Full Baths, 1 Partial
Angie Marie Ordonez, Listing Office: NextHome Realty Select
Is Bloomery, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Bloomery has remained a Seller's Market.
Key Takeaway
Bloomery is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bloomery, WV
How much do homes in Bloomery, WV cost?
Median Sold Price
$295,000
$209/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$75,000(+34.1%)
Key Takeaway
Homes in Bloomery have sold for 34.1% more than they did a year ago.
Summary: The median home sold price in Bloomery was $295,000 in October 2024, up 34.1% from last year, and the median price per square foot was $209.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $83.7K | $128.7K | +53.7% |
| 2 Bedrooms | $235.9K | $250K | +6.0% |
| 3 Bedrooms | $212.5K | $302.5K | +42.4% |
| 4 Bedrooms | $345K | $450K | +30.4% |
| 5+ Bedrooms | - | $397K | N/A |
Summary: Bloomery housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 53.7%, 2 bedroom homes increased by 6%, 3 bedroom homes increased by 42.4%, 4 bedroom homes increased by 30.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Paw Paw | $170K | $249.9K | +47.0% |
| Bloomery | $220K | $295K | +34.1% |
| Cross Junction | $382.5K | $384.9K | +0.6% |
Housing Supply in Bloomery, WV
How many homes are available in Bloomery, WV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 20 | +5.3% |
Summary: The Bloomery real estate market had 20 homes for sale in October 2024, a 5.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 10 | 9 | -10.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Bloomery housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bloomery, expect to pay close to the asking price. 80% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in Bloomery in October 2024, up by 66.7% month-over-month. Of the 5 sold homes, 20% were sold under asking, 80% were sold at asking, and 0% were sold over asking.
Days on Market for Bloomery, WV
How long does it take to sell a home in Bloomery, WV?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 21 Days | 47 Days | +124.8% |
Summary: Homes in Bloomery had an average of 47 days on market in Oct 2024, up by 124.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Bloomery are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Bloomery; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
