$3,741 Closing Credit*
$315,000
1,729 SqFt
3 Beds
•2 Full Baths
Rhonda G Augenstein, Listing Office: Coldwell Banker Home Town Realty
Is Gore, 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, Gore has remained a Seller's Market.
Key Takeaway
Gore is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Gore, WV
How much do homes in Gore, WV cost?
Median Sold Price
$334,500
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$84,500(+33.8%)
Key Takeaway
Homes in Gore have sold for 33.8% more than they did a year ago.
Summary: The median home sold price in Gore was $334,500 in October 2024, up 33.8% from last year, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $145K | $370K | +155.2% |
| 2 Bedrooms | $201K | $387.5K | +92.8% |
| 3 Bedrooms | $245K | $306.9K | +25.3% |
| 4 Bedrooms | $321K | $344.9K | +7.5% |
| 5+ Bedrooms | - | $530K | N/A |
Summary: Gore housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 155.2%, 2 bedroom homes increased by 92.8%, 3 bedroom homes increased by 25.3%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes did not change.
Housing Supply in Gore, WV
How many homes are available in Gore, WV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 20 | +17.6% |
Summary: The Gore real estate market had 20 homes for sale in October 2024, a 17.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 2 | 4 | +100.0% |
| 3 Bedrooms | 8 | 8 | 0.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Gore 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
3 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 Gore, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Gore in October 2024, up by 150.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Gore, WV
How long does it take to sell a home in Gore, WV?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 34 Days | 57 Days | +67.2% |
Summary: Homes in Gore had an average of 57 days on market in Oct 2024, up by 67.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Gore are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Gore; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
