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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Branchland is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Branchland has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Branchland, WV

How much do homes in Branchland, WV cost?

Median Sold Price

$200,000

$178/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$165,000(+471.4%)

Key Takeaway

Homes in Branchland have sold for 471.4% more than they did a month ago.

Summary: The median home sold price in Branchland was $200,000 in October 2024, up 471.4% from last month, and the median price per square foot was $178.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $35K$200K
+471.4%
4 --
N/A
5+ --
N/A

Summary: Branchland housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 471.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Branchland, WV

How many homes are available in Branchland, WV?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
440.0%

Summary: The Branchland real estate market had 4 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 44
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Branchland 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 remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

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 Branchland, 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 Branchland in October 2024, the same as the previous 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 Branchland, WV

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

Average Sale Time

Sep 2024Oct 2024CHANGE
4 Days147 Days+3575.0%

Summary: Homes in Branchland had an average of 147 days on market in Oct 2024, up by 3575% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Branchland are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 1 homes were sold in Branchland; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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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