Is Huntington, WV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Huntington is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Huntington has remained a Seller's Market.

Key Takeaway

Huntington is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Huntington, WV

How much do homes in Huntington, WV cost?

Median Sold Price

$173,900

$101/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$16,450(+10.4%)

Key Takeaway

Homes in Huntington have sold for 10.4% more than they did a year ago.

Summary: The median home sold price in Huntington was $173,900 in October 2024, up 10.4% from last year, and the median price per square foot was $101.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $28K$730K
+2507.1%
2 $85.2K$80K
-6.2%
3 $159.9K$162K
+1.3%
4 $219.9K$262K
+19.1%
5+ $272K$249.5K
-8.3%

Summary: Huntington housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2507.1%, 2 bedroom homes decreased by 6.2%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 19.1%, and 5+ bedroom homes decreased by 8.3%.

Housing Supply in Huntington, WV

How many homes are available in Huntington, WV?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4235-16.7%

Summary: The Huntington real estate market had 35 homes for sale in October 2024, a 16.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 67
+16.7%
3 1812
-33.3%
4 1411
-21.4%
5+ 45
+25.0%

Summary: The Huntington 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 16.7%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 21.4%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1110-9.1%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Huntington, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Huntington in October 2024, down by 9.1% month-over-month. Of the 10 sold homes, 50% were sold under asking, 20% were sold at asking, and 30% were sold over asking.

Days on Market for Huntington, WV

How long does it take to sell a home in Huntington, WV?

Average Sale Time

Oct 2023Oct 2024CHANGE
52 Days30 Days-41.2%

Summary: Homes in Huntington had an average of 30 days on market in Oct 2024, down by 41.2% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Huntington are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 10 homes were sold in Huntington; 60% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

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