$55,000
24.00 Acres
Land
Brittany A Helmick, Listing Office: LPT Realty, LLC
Is Elizabeth, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Elizabeth was a Neutral Market.
Key Takeaway
Elizabeth is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Elizabeth, WV
How much do homes in Elizabeth, WV cost?
Median Sold Price
$160,750
$136/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$46,250(+40.4%)
Key Takeaway
Homes in Elizabeth have sold for 40.4% more than they did a year ago.
Summary: The median home sold price in Elizabeth was $160,750 in November 2024, up 40.4% from last year, and the median price per square foot was $136.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $39K | - | N/A |
| 2 Bedrooms | $69.7K | $127.5K | +82.8% |
| 3 Bedrooms | $121.7K | $158.2K | +30.0% |
| 4 Bedrooms | $42.5K | - | N/A |
| 5+ Bedrooms | - | $286.2K | N/A |
Summary: Elizabeth housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 82.8%, 3 bedroom homes increased by 30%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Elizabeth, WV
How many homes are available in Elizabeth, WV?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 7 | -12.5% |
Summary: The Elizabeth real estate market had 7 homes for sale in November 2024, a 12.5% 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 | 4 | 4 | 0.0% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Elizabeth 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 remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Elizabeth, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Elizabeth in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Elizabeth, WV
How long does it take to sell a home in Elizabeth, WV?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 80 Days | 127 Days | +58.8% |
Summary: Homes in Elizabeth had an average of 127 days on market in Nov 2024, up by 58.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Elizabeth has remained consistent over time.
Summary: During November 2024, 2 homes were sold in Elizabeth; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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