$2,789 Closing Credit*
$234,900
1,700 SqFt
3 Beds
•2 Full Baths, 1 Partial
Todd Nelson, Listing Office: Old Colony, REALTORS
Is Cabell County, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Cabell County was a Seller's Market.
Key Takeaway
Cabell County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Cabell County, WV
How much do homes in Cabell County, WV cost?
Median Sold Price
$220,000
$119/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$28,500(+14.9%)
Key Takeaway
Homes in Cabell County have sold for 14.9% more than they did a year ago.
Summary: The median home sold price in Cabell County was $220,000 in October 2024, up 14.9% from last year, and the median price per square foot was $119.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $34K | - | N/A |
| 2 Bedrooms | $121.5K | $145.9K | +20.1% |
| 3 Bedrooms | $185K | $190.5K | +3.0% |
| 4 Bedrooms | $248K | $272.5K | +9.9% |
| 5+ Bedrooms | $299K | $379.9K | +27.1% |
Summary: Cabell 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 20.1%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 9.9%, and 5+ bedroom homes increased by 27.1%.
Median Sold Price Compared To Nearby Counties
| Cabell County | $191.5K | $220K | +14.9% |
| Putnam County | $249.8K | $269.9K | +8.0% |
Housing Supply in Cabell County, WV
How many homes are available in Cabell County, WV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 79 | 70 | -11.4% |
Summary: The Cabell County real estate market had 70 homes for sale in October 2024, a 11.4% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 10 | 9 | -10.0% |
| 3 Bedrooms | 32 | 29 | -9.4% |
| 4 Bedrooms | 27 | 22 | -18.5% |
| 5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The Cabell 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 decreased by 10%, 3 bedroom homes decreased by 9.4%, 4 bedroom homes decreased by 18.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 21 | 10 | -52.4% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cabell County, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 10 homes were sold or pending in Cabell County in October 2024, down by 52.4% month-over-month. Of the 10 sold homes, 30% were sold under asking, 50% were sold at asking, and 20% were sold over asking.
Days on Market for Cabell County, WV
How long does it take to sell a home in Cabell County, WV?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 46 Days | 15 Days | -66.8% |
Summary: Homes in Cabell County had an average of 15 days on market in Oct 2024, down by 66.8% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Cabell County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 10 homes were sold in Cabell County; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
