$26,000
0.17 Acres
Land
Janice Faber, Listing Office: Advantage Real Estate
Is Hurricane, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Hurricane has remained a Seller's Market.
Key Takeaway
Hurricane is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hurricane, WV
How much do homes in Hurricane, WV cost?
Median Sold Price
$275,666
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$1,266(+0.5%)
Key Takeaway
The sold price of homes in Hurricane has remained the same since last year.
Summary: The median home sold price in Hurricane was $275,666 in November 2024, up 0.5% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $137K | $169.5K | +23.7% |
| 2 Bedrooms | $152.6K | $180K | +17.9% |
| 3 Bedrooms | $218.5K | $235.5K | +7.8% |
| 4 Bedrooms | $350K | $377.5K | +7.9% |
| 5+ Bedrooms | $419.8K | $475K | +13.1% |
Summary: Hurricane housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 23.7%, 2 bedroom homes increased by 17.9%, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes increased by 13.1%.
Housing Supply in Hurricane, WV
How many homes are available in Hurricane, WV?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 68 | 58 | -14.7% |
Summary: The Hurricane real estate market had 58 homes for sale in November 2024, a 14.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 31 | 23 | -25.8% |
| 4 Bedrooms | 22 | 20 | -9.1% |
| 5+ Bedrooms | 10 | 10 | 0.0% |
Summary: The Hurricane 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 remained the same, 3 bedroom homes decreased by 25.8%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 19 | -5.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hurricane, you could pay more than the asking price. 36.8% of homes here sold above asking price last month.
Summary: A total of 19 homes were sold or pending in Hurricane in November 2024, down by 5.0% month-over-month. Of the 19 sold homes, 32% were sold under asking, 32% were sold at asking, and 37% were sold over asking.
Days on Market for Hurricane, WV
How long does it take to sell a home in Hurricane, WV?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 17 Days | 19 Days | +10.8% |
Summary: Homes in Hurricane had an average of 19 days on market in Nov 2024, up by 10.8% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Hurricane are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 19 homes were sold in Hurricane; 79% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
