$135,000
17.25 Acres
Land
Katherine Jane Nazelrod, Listing Office: Pioneer Ridge Realty
Is Bloomery, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Bloomery was a Seller's Market.
Key Takeaway
Bloomery is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Bloomery, WV
How much do homes in Bloomery, WV cost?
Median Sold Price
$289,500
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$69,500(+31.6%)
Key Takeaway
Homes in Bloomery have sold for 31.6% more than they did a year ago.
Summary: The median home sold price in Bloomery was $289,500 in November 2024, up 31.6% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $95.5K | $154.9K | +62.3% |
| 2 Bedrooms | $245.4K | $175K | -28.7% |
| 3 Bedrooms | $220K | $295K | +34.1% |
| 4 Bedrooms | $290K | $487.5K | +68.1% |
| 5+ Bedrooms | - | $397K | N/A |
Summary: Bloomery housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 62.3%, 2 bedroom homes decreased by 28.7%, 3 bedroom homes increased by 34.1%, 4 bedroom homes increased by 68.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Paw Paw | $170K | $269.9K | +58.8% |
| Bloomery | $220K | $289.5K | +31.6% |
| Cross Junction | $382.5K | $384.9K | +0.6% |
| Capon Bridge | $325K | $296.5K | -8.8% |
Housing Supply in Bloomery, WV
How many homes are available in Bloomery, WV?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 20 | 0.0% |
Summary: The Bloomery real estate market had 20 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 3 | 5 | +66.7% |
| 3 Bedrooms | 9 | 9 | 0.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 3 | 1 | -66.7% |
Summary: The Bloomery 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 66.7%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 66.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bloomery, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Bloomery in November 2024, down by 60.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 43 Days | 54 Days | +24.6% |
Summary: Homes in Bloomery had an average of 54 days on market in Nov 2024, up by 24.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 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 November 2024, 2 homes were sold in Bloomery; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
