Is Falling Waters, WV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Falling Waters is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Falling Waters, WV

How much do homes in Falling Waters, WV cost?

Median Sold Price

$300,000

$168/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$10,000(+3.4%)

Key Takeaway

Homes in Falling Waters have sold for 3.4% more than they did a year ago.

Summary: The median home sold price in Falling Waters was $300,000 in November 2024, up 3.4% from last year, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $155K$187.5K
+21.0%
2 $273K$289.9K
+6.2%
3 $279.9K$290K
+3.6%
4 $409.9K$402.5K
-1.8%
5+ $609K$600K
-1.5%

Summary: Falling Waters housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21%, 2 bedroom homes increased by 6.2%, 3 bedroom homes increased by 3.6%, 4 bedroom homes decreased by 1.8%, and 5+ bedroom homes decreased by 1.5%.

Median Sold Price Compared To Nearby Cities

Potomac
+7.1%
Valley
+5.0%
Falling Waters
+3.4%

Housing Supply in Falling Waters, WV

How many homes are available in Falling Waters, WV?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7355-24.7%

Summary: The Falling Waters real estate market had 55 homes for sale in November 2024, a 24.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 36
+100.0%
3 4936
-26.5%
4 1611
-31.3%
5+ 52
-60.0%

Summary: The Falling Waters 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 increased by 100%, 3 bedroom homes decreased by 26.5%, 4 bedroom homes decreased by 31.3%, and 5+ bedroom homes decreased by 60%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2711-59.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Falling Waters, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Falling Waters in November 2024, down by 59.3% month-over-month. Of the 11 sold homes, 45% were sold under asking, 18% were sold at asking, and 36% were sold over asking.

Days on Market for Falling Waters, WV

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

Average Sale Time

Nov 2023Nov 2024CHANGE
17 Days29 Days+73.6%

Summary: Homes in Falling Waters had an average of 29 days on market in Nov 2024, up by 73.6% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 11 homes were sold in Falling Waters; 73% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 9% 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 Falling Waters, WV

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