Is Clendenin, WV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clendenin is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Clendenin, WV

How much do homes in Clendenin, WV cost?

Median Sold Price

$176,250

$104/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$8,000(+4.8%)

Key Takeaway

Homes in Clendenin have sold for 4.8% more than they did a year ago.

Summary: The median home sold price in Clendenin was $176,250 in October 2024, up 4.8% from last year, and the median price per square foot was $104.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $10K-
N/A
2 $139K$165.2K
+18.9%
3 $163.5K$165.7K
+1.4%
4 $181.2K$180K
-0.7%
5+ $225K$400K
+77.8%

Summary: Clendenin 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 18.9%, 3 bedroom homes increased by 1.4%, 4 bedroom homes decreased by 0.7%, and 5+ bedroom homes increased by 77.8%.

Housing Supply in Clendenin, WV

How many homes are available in Clendenin, WV?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1714-17.6%

Summary: The Clendenin real estate market had 14 homes for sale in October 2024, a 17.6% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 109
-10.0%
4 54
-20.0%
5+ 10
-100.0%

Summary: The Clendenin 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 10%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
550.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clendenin, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Clendenin in October 2024, the same as the previous month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.

Days on Market for Clendenin, WV

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

Average Sale Time

Oct 2023Oct 2024CHANGE
15 Days15 Days-2.2%

Summary: Homes in Clendenin had an average of 15 days on market in Oct 2024, down by 2.2% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 5 homes were sold in Clendenin; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Clendenin, WV

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