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 October 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

$299,900

$175/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$15,100(-4.8%)

Key Takeaway

Homes in Bunker Hill have sold for 4.8% less than they did a year ago.

Summary: The median home sold price in Bunker Hill was $299,900 in October 2024, down 4.8% from last year, and the median price per square foot was $175.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $219.2K$235K
+7.2%
3 $282.5K$280.7K
-0.6%
4 $355K$356.2K
0.4%
5+ $340K$355K
+4.4%

Summary: Bunker Hill 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 7.2%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes increased by 4.4%.

Median Sold Price Compared To Nearby Cities

Middleway
+22.0%
Kearneysville
+15.3%
Inwood
+4.8%
Shenandoah
+3.3%
Bunker Hill
-4.8%

Housing Supply in Bunker Hill, WV

How many homes are available in Bunker Hill, WV?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3635-2.8%

Summary: The Bunker Hill real estate market had 35 homes for sale in October 2024, a 2.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1816
-11.1%
4 1313
0.0%
5+ 34
+33.3%

Summary: The Bunker Hill 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 decreased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
149-35.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were 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. 44.4% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Bunker Hill in October 2024, down by 35.7% month-over-month. Of the 9 sold homes, 44% were sold under asking, 22% were sold at asking, and 33% 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

Oct 2023Oct 2024CHANGE
61 Days28 Days-53.1%

Summary: Homes in Bunker Hill had an average of 28 days on market in Oct 2024, down by 53.1% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

4 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 October 2024, 9 homes were sold in Bunker Hill; 56% of homes were sold within 30 days, 44% 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 16 Days Ago

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