$861 Closing Credit*
$72,500
1,420 SqFt
2 Beds
•2 Full Baths
Mark Blackwell, Listing Office: Better Homes and Gardens Real Estate Central
Is Dunbar, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Dunbar has remained a Seller's Market.
Key Takeaway
Dunbar is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Dunbar, WV
How much do homes in Dunbar, WV cost?
Median Sold Price
$129,450
$101/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$4,450(+3.6%)
Key Takeaway
Homes in Dunbar have sold for 3.6% more than they did a year ago.
Summary: The median home sold price in Dunbar was $129,450 in November 2024, up 3.6% from last year, and the median price per square foot was $101.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $137K | $72K | -47.4% |
| 2 Bedrooms | $110.8K | $114K | +2.8% |
| 3 Bedrooms | $129K | $136K | +5.4% |
| 4 Bedrooms | $173.2K | $127.5K | -26.4% |
| 5+ Bedrooms | - | $100.5K | N/A |
Summary: Dunbar housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 47.4%, 2 bedroom homes increased by 2.8%, 3 bedroom homes increased by 5.4%, 4 bedroom homes decreased by 26.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| South Charleston | $160K | $185K | +15.6% |
| Charleston | $181.2K | $204.9K | +13.1% |
| Dunbar | $125K | $129.4K | +3.6% |
Housing Supply in Dunbar, WV
How many homes are available in Dunbar, WV?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 33 | 24 | -27.3% |
Summary: The Dunbar real estate market had 24 homes for sale in November 2024, a 27.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 23 | 16 | -30.4% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Dunbar housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 30.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 8 | -11.1% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Dunbar, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in Dunbar in November 2024, down by 11.1% month-over-month. Of the 8 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for Dunbar, WV
How long does it take to sell a home in Dunbar, WV?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 33 Days | 11 Days | -66.3% |
Summary: Homes in Dunbar had an average of 11 days on market in Nov 2024, down by 66.3% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Dunbar are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 8 homes were sold in Dunbar; 88% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
