Is Bunker Hill, WV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bunker Hill is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Bunker Hill has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Bunker Hill, WV

How much do homes in Bunker Hill, WV cost?

Median Sold Price

$308,750

$177/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$6,250(-2.0%)

Key Takeaway

Homes in Bunker Hill have sold for 2% less than they did a year ago.

Summary: The median home sold price in Bunker Hill was $308,750 in November 2024, down 2% from last year, and the median price per square foot was $177.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $265K$235K
-11.3%
3 $280.5K$282.1K
+0.6%
4 $355K$356.2K
0.4%
5+ $327.5K$352.5K
+7.6%

Summary: Bunker Hill housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 11.3%, 3 bedroom homes increased by 0.6%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes increased by 7.6%.

Median Sold Price Compared To Nearby Cities

Middleway
+18.3%
Kearneysville
+13.9%
Inwood
+5.1%
Shenandoah
+3.4%
Bunker Hill
-2.0%

Housing Supply in Bunker Hill, WV

How many homes are available in Bunker Hill, WV?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3128-9.7%

Summary: The Bunker Hill real estate market had 28 homes for sale in November 2024, a 9.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 1315
+15.4%
4 129
-25.0%
5+ 43
-25.0%

Summary: The Bunker Hill 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 decreased by 50%, 3 bedroom homes increased by 15.4%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
108-20.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 8 homes were sold or pending in Bunker Hill in November 2024, down by 20.0% month-over-month. Of the 8 sold homes, 50% were sold under asking, 38% were sold at asking, and 13% were sold over asking.

Days on Market for Bunker Hill, WV

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

Average Sale Time

Nov 2023Nov 2024CHANGE
30 Days19 Days-37.6%

Summary: Homes in Bunker Hill had an average of 19 days on market in Nov 2024, down by 37.6% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Bunker Hill are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 8 homes were sold in Bunker Hill; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% 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 17 Days Ago

Newest Listings in Bunker Hill, WV

Nearby Markets to Bunker Hill, WV

What housing markets are near Bunker Hill, WV?