$855 Closing Credit*
$72,000
1,500 SqFt
4 Beds
•2 Full Baths
James L Arehart, Listing Office: Century 21 Greathouse Realty, LLC
Is Hancock 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, Hancock County was a Seller's Market.
Key Takeaway
Hancock 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 Hancock County, WV
How much do homes in Hancock County, WV cost?
Median Sold Price
$145,150
$102/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$10,150(+7.5%)
Key Takeaway
Homes in Hancock County have sold for 7.5% more than they did a year ago.
Summary: The median home sold price in Hancock County was $145,150 in November 2024, up 7.5% from last year, and the median price per square foot was $102.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $54.2K | $23K | -57.6% |
| 2 Bedrooms | $77K | $90.5K | +17.5% |
| 3 Bedrooms | $151.5K | $151.5K | 0.0% |
| 4 Bedrooms | $120K | $172.5K | +43.8% |
| 5+ Bedrooms | $157.5K | $150K | -4.8% |
Summary: Hancock County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 57.6%, 2 bedroom homes increased by 17.5%, 3 bedroom homes did not change, 4 bedroom homes increased by 43.8%, and 5+ bedroom homes decreased by 4.8%.
Median Sold Price Compared To Nearby Counties
| Brooke County | $120.5K | $149.9K | +24.4% |
| Jefferson County | $127.1K | $140K | +10.1% |
| Beaver County | $179.7K | $195K | +8.5% |
| Hancock County | $135K | $145.1K | +7.5% |
| Columbiana County | $155K | $163K | +5.2% |
Housing Supply in Hancock County, WV
How many homes are available in Hancock County, WV?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 143 | 129 | -9.8% |
Summary: The Hancock County real estate market had 129 homes for sale in November 2024, a 9.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 22 | 20 | -9.1% |
| 3 Bedrooms | 83 | 77 | -7.2% |
| 4 Bedrooms | 26 | 21 | -19.2% |
| 5+ Bedrooms | 10 | 9 | -10.0% |
Summary: The Hancock County 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 decreased by 9.1%, 3 bedroom homes decreased by 7.2%, 4 bedroom homes decreased by 19.2%, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 19 | -26.9% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Hancock County, you may be able to get a good deal. 73.7% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in Hancock County in November 2024, down by 26.9% month-over-month. Of the 19 sold homes, 74% were sold under asking, 21% were sold at asking, and 5% were sold over asking.
Days on Market for Hancock County, WV
How long does it take to sell a home in Hancock County, WV?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 83 Days | 70 Days | -14.7% |
Summary: Homes in Hancock County had an average of 70 days on market in Nov 2024, down by 14.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Hancock County has remained consistent over time.
Summary: During November 2024, 19 homes were sold in Hancock County; 5% of homes were sold within 30 days, 63% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.
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