$75,000
2.24 Acres
Land
Amanda Keeler, Listing Office: Better Homes and Gardens Real Estate Central
Is Eastern, 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, Eastern was a Seller's Market.
Key Takeaway
Eastern is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Eastern, WV
How much do homes in Eastern, WV cost?
Median Sold Price
$176,500
$122/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$5,500(+3.2%)
Key Takeaway
Homes in Eastern have sold for 3.2% more than they did a year ago.
Summary: The median home sold price in Eastern was $176,500 in October 2024, up 3.2% from last year, and the median price per square foot was $122.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $69K | N/A |
| 2 Bedrooms | $116K | $153.5K | +32.3% |
| 3 Bedrooms | $175.5K | $167.5K | -4.6% |
| 4 Bedrooms | $227.5K | $200K | -12.1% |
| 5+ Bedrooms | $250K | $355K | +42.0% |
Summary: Eastern 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 32.3%, 3 bedroom homes decreased by 4.6%, 4 bedroom homes decreased by 12.1%, and 5+ bedroom homes increased by 42%.
Median Sold Price Compared To Nearby Cities
| Ripley | $156.9K | $180K | +14.7% |
| Eastern | $171K | $176.5K | +3.2% |
Housing Supply in Eastern, WV
How many homes are available in Eastern, WV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 18 | -18.2% |
Summary: The Eastern real estate market had 18 homes for sale in October 2024, a 18.2% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 10 | 9 | -10.0% |
| 4 Bedrooms | 8 | 4 | -50.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Eastern 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 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Eastern, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Eastern in October 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Eastern, WV
How long does it take to sell a home in Eastern, WV?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 53 Days | 13 Days | -75.6% |
Summary: Homes in Eastern had an average of 13 days on market in Oct 2024, down by 75.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Eastern are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Eastern; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
