$55,000
2.00 Acres
Land
Robin J. Ryan, Listing Office: Berkeley Springs Realty
Is Great Cacapon, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Great Cacapon was a Buyer's Market.
Key Takeaway
Great Cacapon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Great Cacapon, WV
How much do homes in Great Cacapon, WV cost?
Median Sold Price
$307,500
$141/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$43,500(+16.5%)
Key Takeaway
Homes in Great Cacapon have sold for 16.5% more than they did a month ago.
Summary: The median home sold price in Great Cacapon was $307,500 in October 2024, up 16.5% from last month, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $205K | - | N/A |
| 2 Bedrooms | $277K | - | N/A |
| 3 Bedrooms | - | $293.7K | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | $365K | N/A |
Summary: Great Cacapon housing prices by bedroom type for October 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Great Cacapon | $264K | $307.5K | +16.5% |
| Oldtown | $275K | $255K | -7.3% |
Housing Supply in Great Cacapon, WV
How many homes are available in Great Cacapon, WV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 24 | +9.1% |
Summary: The Great Cacapon real estate market had 24 homes for sale in October 2024, a 9.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 13 | 13 | 0.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Great Cacapon housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
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 Great Cacapon, 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 Great Cacapon in October 2024, up by 66.7% 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 Great Cacapon, WV
How long does it take to sell a home in Great Cacapon, WV?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 Days | 51 Days | +89.5% |
Summary: Homes in Great Cacapon had an average of 51 days on market in Oct 2024, up by 89.5% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Great Cacapon are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Great Cacapon; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
