Is Brooke County, WV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brooke County is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Brooke County has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Brooke County, WV

How much do homes in Brooke County, WV cost?

Median Sold Price

$150,450

$94/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$26,450(+21.3%)

Key Takeaway

Homes in Brooke County have sold for 21.3% more than they did a year ago.

Summary: The median home sold price in Brooke County was $150,450 in October 2024, up 21.3% from last year, and the median price per square foot was $94.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$93K
N/A
2 $90K$99.9K
+11.1%
3 $130K$153.2K
+17.9%
4 $185K$203K
+9.8%
5+ $140K$155.5K
+11.1%

Summary: Brooke County 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 11.1%, 3 bedroom homes increased by 17.9%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes increased by 11.1%.

Median Sold Price Compared To Nearby Counties

Brooke County
+21.3%
Jefferson County
+10.0%
Washington County
+7.8%
Hancock County
+4.7%

Housing Supply in Brooke County, WV

How many homes are available in Brooke County, WV?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5456+3.7%

Summary: The Brooke County real estate market had 56 homes for sale in October 2024, a 3.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 1517
+13.3%
3 2221
-4.5%
4 911
+22.2%
5+ 76
-14.3%

Summary: The Brooke County 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 increased by 13.3%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
810+25.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brooke County, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Brooke County in October 2024, up by 25.0% month-over-month. Of the 10 sold homes, 50% were sold under asking, 30% were sold at asking, and 20% were sold over asking.

Days on Market for Brooke County, WV

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

Average Sale Time

Oct 2023Oct 2024CHANGE
59 Days66 Days+12.9%

Summary: Homes in Brooke County had an average of 66 days on market in Oct 2024, up by 12.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Brooke County has remained consistent over time.

Summary: During October 2024, 10 homes were sold in Brooke County; 10% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 30% 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 20 Days Ago

Newest Listings in Brooke County, WV

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