$10,000 Closing Credit*
$851,000
754 SqFt
3 Beds
•1 Full Bath
Evan Cuomo, Listing Office: Cedar One Realty
Is Hancock County, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$142,000
$98/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$6,366(+4.7%)
Key Takeaway
Homes in Hancock County have sold for 4.7% more than they did a year ago.
Summary: The median home sold price in Hancock County was $142,000 in October 2024, up 4.7% from last year, and the median price per square foot was $98.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $54.2K | $23K | -57.6% |
| 2 Bedrooms | $79.9K | $87K | +8.9% |
| 3 Bedrooms | $150K | $150.4K | 0.3% |
| 4 Bedrooms | $124K | $160K | +29.0% |
| 5+ Bedrooms | $155K | $147.5K | -4.8% |
Summary: Hancock County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 57.6%, 2 bedroom homes increased by 8.9%, 3 bedroom homes increased by 0.3%, 4 bedroom homes increased by 29%, and 5+ bedroom homes decreased by 4.8%.
Median Sold Price Compared To Nearby Counties
| Brooke County | $124K | $150.4K | +21.3% |
| Jefferson County | $127K | $139.8K | +10.0% |
| Columbiana County | $151.3K | $163.6K | +8.2% |
| Beaver County | $180.1K | $190.2K | +5.6% |
| Hancock County | $135.6K | $142K | +4.7% |
Housing Supply in Hancock County, WV
How many homes are available in Hancock County, WV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 139 | 150 | +7.9% |
Summary: The Hancock County real estate market had 150 homes for sale in October 2024, a 7.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 18 | 22 | +22.2% |
| 3 Bedrooms | 82 | 87 | +6.1% |
| 4 Bedrooms | 29 | 29 | 0.0% |
| 5+ Bedrooms | 8 | 10 | +25.0% |
Summary: The Hancock County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 22.2%, 3 bedroom homes increased by 6.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 25 | 22 | -12.0% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hancock County, you may be able to get a good deal. 59.1% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in Hancock County in October 2024, down by 12.0% month-over-month. Of the 22 sold homes, 59% were sold under asking, 14% were sold at asking, and 27% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 59 Days | 66 Days | +10.5% |
Summary: Homes in Hancock County had an average of 66 days on market in Oct 2024, up by 10.5% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
11 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 October 2024, 22 homes were sold in Hancock County; 23% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
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