$4,511 Closing Credit*
$379,900
1,650 SqFt
3 Beds
•2 Full Baths
Lisa M Cox, Listing Office: Colony Realty
Is Hampshire County, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Hampshire County was a Seller's Market.
Key Takeaway
Hampshire County 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 Hampshire County, WV
How much do homes in Hampshire County, WV cost?
Median Sold Price
$249,950
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$19,950(+8.7%)
Key Takeaway
Homes in Hampshire County have sold for 8.7% more than they did a year ago.
Summary: The median home sold price in Hampshire County was $249,950 in November 2024, up 8.7% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $109.2K | $179.9K | +64.7% |
| 2 Bedrooms | $205K | $190.5K | -7.1% |
| 3 Bedrooms | $250K | $245K | -2.0% |
| 4 Bedrooms | $300K | $327.5K | +9.2% |
| 5+ Bedrooms | $371K | $339K | -8.6% |
Summary: Hampshire County housing prices by bedroom type for November 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 decreased by 2%, 4 bedroom homes increased by 9.2%, and 5+ bedroom homes decreased by 8.6%.
Median Sold Price Compared To Nearby Counties
| Allegany County | $131.3K | $149.6K | +13.9% |
| Hampshire County | $230K | $249.9K | +8.7% |
| Frederick County | $399.7K | $415K | +3.8% |
| Mineral County | $185K | $187.1K | +1.1% |
| Morgan County | $289.9K | $288K | -0.7% |
Housing Supply in Hampshire County, WV
How many homes are available in Hampshire County, WV?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 95 | 90 | -5.3% |
Summary: The Hampshire County real estate market had 90 homes for sale in November 2024, a 5.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 4 | -20.0% |
| 2 Bedrooms | 20 | 20 | 0.0% |
| 3 Bedrooms | 43 | 41 | -4.7% |
| 4 Bedrooms | 17 | 16 | -5.9% |
| 5+ Bedrooms | 10 | 9 | -10.0% |
Summary: The Hampshire County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 4.7%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 24 | 13 | -45.8% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Hampshire County, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Hampshire County in November 2024, down by 45.8% month-over-month. Of the 13 sold homes, 54% were sold under asking, 38% were sold at asking, and 8% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 44 Days | 27 Days | -37.7% |
Summary: Homes in Hampshire County had an average of 27 days on market in Nov 2024, down by 37.7% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 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 November 2024, 13 homes were sold in Hampshire County; 69% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
