$4,928 Closing Credit*
$415,000
2,200 SqFt
4 Beds
•2 Full Baths, 1 Partial
Jennifer Forsch, Listing Office: Pearson Smith Realty, LLC
Is Inwood, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Inwood has remained a Seller's Market.
Key Takeaway
Inwood is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Inwood, WV
How much do homes in Inwood, WV cost?
Median Sold Price
$319,790
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$14,790(+4.8%)
Key Takeaway
Homes in Inwood have sold for 4.8% more than they did a year ago.
Summary: The median home sold price in Inwood was $319,790 in October 2024, up 4.8% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $174.7K | - | N/A |
| 2 Bedrooms | $190K | $197K | +3.7% |
| 3 Bedrooms | $295K | $310K | +5.1% |
| 4 Bedrooms | $350.9K | $369.9K | +5.4% |
| 5+ Bedrooms | $411.2K | $406.9K | -1.1% |
Summary: Inwood housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.7%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes decreased by 1.1%.
Median Sold Price Compared To Nearby Cities
| Gerrardstown | $278.2K | $425K | +52.7% |
| Kearneysville | $370K | $426.7K | +15.3% |
| Inwood | $305K | $319.7K | +4.8% |
| Shenandoah | $305K | $315K | +3.3% |
| Bunker Hill | $315K | $299.9K | -4.8% |
Housing Supply in Inwood, WV
How many homes are available in Inwood, WV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 62 | 76 | +22.6% |
Summary: The Inwood real estate market had 76 homes for sale in October 2024, a 22.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 32 | 42 | +31.3% |
| 4 Bedrooms | 23 | 25 | +8.7% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Inwood 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 remained the same, 3 bedroom homes increased by 31.3%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 13 | -23.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Inwood, expect to pay close to the asking price. 46.2% of homes here sold near the asking price last month.
Summary: A total of 13 homes were sold or pending in Inwood in October 2024, down by 23.5% month-over-month. Of the 13 sold homes, 23% were sold under asking, 46% were sold at asking, and 31% were sold over asking.
Days on Market for Inwood, WV
How long does it take to sell a home in Inwood, WV?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 16 Days | 23 Days | +37.2% |
Summary: Homes in Inwood had an average of 23 days on market in Oct 2024, up by 37.2% 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 Inwood are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 13 homes were sold in Inwood; 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.
