$4,150 Closing Credit*
$349,500
1,500 SqFt
3 Beds
•2 Full Baths
Cynthia Lee, Listing Office: RE/MAX Roots
Is Hampshire County, 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, Hampshire County has remained a Seller's Market.
Key Takeaway
Hampshire County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hampshire County, WV
How much do homes in Hampshire County, WV cost?
Median Sold Price
$253,500
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$30,275(+13.6%)
Key Takeaway
Homes in Hampshire County have sold for 13.6% more than they did a year ago.
Summary: The median home sold price in Hampshire County was $253,500 in October 2024, up 13.6% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $109.2K | $179.9K | +64.7% |
| 2 Bedrooms | $205K | $190.5K | -7.1% |
| 3 Bedrooms | $250K | $250K | 0.0% |
| 4 Bedrooms | $306K | $326.2K | +6.6% |
| 5+ Bedrooms | $371K | $362K | -2.4% |
Summary: Hampshire County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 64.7%, 2 bedroom homes decreased by 7.1%, 3 bedroom homes did not change, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes decreased by 2.4%.
Median Sold Price Compared To Nearby Counties
| Allegany County | $130.5K | $148.3K | +13.7% |
| Hampshire County | $223.2K | $253.5K | +13.6% |
| Frederick County | $395.2K | $415.7K | +5.2% |
| Mineral County | $179.5K | $187K | +4.2% |
| Morgan County | $290K | $285K | -1.7% |
Housing Supply in Hampshire County, WV
How many homes are available in Hampshire County, WV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 89 | 103 | +15.7% |
Summary: The Hampshire County real estate market had 103 homes for sale in October 2024, a 15.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 5 | +25.0% |
| 2 Bedrooms | 19 | 22 | +15.8% |
| 3 Bedrooms | 44 | 47 | +6.8% |
| 4 Bedrooms | 14 | 18 | +28.6% |
| 5+ Bedrooms | 8 | 11 | +37.5% |
Summary: The Hampshire County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 15.8%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 37.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 23 | +228.6% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hampshire County, you may be able to get a good deal. 60.9% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in Hampshire County in October 2024, up by 228.6% month-over-month. Of the 23 sold homes, 61% were sold under asking, 30% were sold at asking, and 9% were sold over asking.
Days on Market for Hampshire County, WV
How long does it take to sell a home in Hampshire County, WV?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 55 Days | 41 Days | -26.4% |
Summary: Homes in Hampshire County had an average of 41 days on market in Oct 2024, down by 26.4% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hampshire County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 23 homes were sold in Hampshire County; 48% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
