$2,719 Closing Credit*
$229,000
1,664 SqFt
3 Beds
•2 Full Baths, 1 Partial
Jan Ramey, Listing Office: RE/MAX Clarity
Is Dunbar, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$129,000
$100/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$4,000(+3.2%)
Key Takeaway
Homes in Dunbar have sold for 3.2% more than they did a year ago.
Summary: The median home sold price in Dunbar was $129,000 in October 2024, up 3.2% from last year, and the median price per square foot was $100.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $137K | $72K | -47.4% |
| 2 Bedrooms | $107K | $118K | +10.3% |
| 3 Bedrooms | $129K | $135.5K | +5.0% |
| 4 Bedrooms | $173.2K | $135K | -22.1% |
| 5+ Bedrooms | - | $100.5K | N/A |
Summary: Dunbar housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 47.4%, 2 bedroom homes increased by 10.3%, 3 bedroom homes increased by 5%, 4 bedroom homes decreased by 22.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| South Charleston | $160K | $185K | +15.6% |
| Charleston | $177.3K | $205K | +15.6% |
| Dunbar | $125K | $129K | +3.2% |
Housing Supply in Dunbar, WV
How many homes are available in Dunbar, WV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 34 | 33 | -2.9% |
Summary: The Dunbar real estate market had 33 homes for sale in October 2024, a 2.9% 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 | 5 | -50.0% |
| 3 Bedrooms | 19 | 21 | +10.5% |
| 4 Bedrooms | 2 | 4 | +100.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Dunbar 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 50%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 9 | -18.2% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Dunbar, 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 Dunbar in October 2024, down by 18.2% month-over-month. Of the 9 sold homes, 44% were sold under asking, 11% were sold at asking, and 44% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 24 Days | 40 Days | +64.4% |
Summary: Homes in Dunbar had an average of 40 days on market in Oct 2024, up by 64.4% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 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 October 2024, 9 homes were sold in Dunbar; 56% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
