$1,603 Closing Credit*
$135,000
2,022 SqFt
4 Beds
•1 Full Bath, 1 Partial
Becky Moore, Listing Office: Berkshire Hathaway HS GER
Is Chesapeake, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Chesapeake has remained a Seller's Market.
Key Takeaway
Chesapeake is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Chesapeake, WV
How much do homes in Chesapeake, WV cost?
Median Sold Price
$185,000
$61/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$145,750(+371.3%)
Key Takeaway
Homes in Chesapeake have sold for 371.3% more than they did a month ago.
Summary: The median home sold price in Chesapeake was $185,000 in November 2024, up 371.3% from last month, and the median price per square foot was $61.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $39.2K | - | N/A |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | - | $185K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Chesapeake housing prices by bedroom type for November 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Chesapeake, WV
How many homes are available in Chesapeake, WV?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Summary: The Chesapeake real estate market had 2 homes for sale in November 2024, a 50.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 0 | 0 | 0.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Chesapeake 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 remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Chesapeake, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Chesapeake in November 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Chesapeake, WV
How long does it take to sell a home in Chesapeake, WV?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 60 Days | 63 Days | +5.0% |
Summary: Homes in Chesapeake had an average of 63 days on market in Nov 2024, up by 5% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Chesapeake has remained consistent over time.
Summary: During November 2024, 1 homes were sold in Chesapeake; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.