$3,384 Closing Credit*
$285,000
1,905 SqFt
4 Beds
•3 Full Baths
Mary Tolley, Listing Office: Sold Sisters Realty, LLC
Is Buffalo-Union, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Buffalo-Union was a Neutral Market.
Key Takeaway
Buffalo-Union is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Buffalo-Union, WV
How much do homes in Buffalo-Union, WV cost?
Median Sold Price
$199,000
$144/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
-$162,000(-44.9%)
Key Takeaway
Homes in Buffalo-Union have sold for 44.9% less than they did a month ago.
Summary: The median home sold price in Buffalo-Union was $199,000 in December 2024, down 44.9% from last month, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $182K | $174.5K | -4.1% |
| 4 Bedrooms | $540K | $365K | -32.4% |
| 5+ Bedrooms | - | - | N/A |
Summary: Buffalo-Union housing prices by bedroom type for December 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 decreased by 4.1%, 4 bedroom homes decreased by 32.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Buffalo-Union | $361K | $199K | -44.9% |
| Red House | $540K | $150K | -72.2% |
Housing Supply in Buffalo-Union, WV
How many homes are available in Buffalo-Union, WV?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 14 | 13 | -7.1% |
Summary: The Buffalo-Union real estate market had 13 homes for sale in December 2024, a 7.1% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 9 | 8 | -11.1% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Buffalo-Union housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Buffalo-Union, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Buffalo-Union in December 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Buffalo-Union, WV
How long does it take to sell a home in Buffalo-Union, WV?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 42 Days | 15 Days | -63.5% |
Summary: Homes in Buffalo-Union had an average of 15 days on market in Dec 2024, down by 63.5% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Buffalo-Union are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 3 homes were sold in Buffalo-Union; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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