Is Great Cacapon, WV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Great Cacapon is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Great Cacapon was a Seller's Market.

Key Takeaway

Great Cacapon is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Great Cacapon, WV

How much do homes in Great Cacapon, WV cost?

Median Sold Price

$300,000

$198/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$7,500(-2.4%)

Key Takeaway

Homes in Great Cacapon have sold for 2.4% less than they did a month ago.

Summary: The median home sold price in Great Cacapon was $300,000 in November 2024, down 2.4% from last month, and the median price per square foot was $198.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$238.5K
N/A
3 $293.7K$315.5K
+7.4%
4 --
N/A
5+ $365K-
N/A

Summary: Great Cacapon housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 7.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Oldtown
+49.0%
Great Cacapon
-2.4%

Housing Supply in Great Cacapon, WV

How many homes are available in Great Cacapon, WV?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2218-18.2%

Summary: The Great Cacapon real estate market had 18 homes for sale in November 2024, a 18.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 55
0.0%
3 129
-25.0%
4 22
0.0%
5+ 10
-100.0%

Summary: The Great Cacapon 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 25%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Great Cacapon, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Great Cacapon in November 2024, down by 40.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Great Cacapon, WV

How long does it take to sell a home in Great Cacapon, WV?

Average Sale Time

Oct 2024Nov 2024CHANGE
51 Days193 Days+273.2%

Summary: Homes in Great Cacapon had an average of 193 days on market in Nov 2024, up by 273.2% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Great Cacapon are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 3 homes were sold in Great Cacapon; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% 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 Great Cacapon, WV

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