$3,206 Closing Credit*
$270,000
2,152 SqFt
4 Beds
•3 Full Baths, 1 Partial
Angie Marie Ordonez, Listing Office: NextHome Realty Select
Is Inwood, 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, 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
$319,950
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$15,450(+5.1%)
Key Takeaway
Homes in Inwood have sold for 5.1% more than they did a year ago.
Summary: The median home sold price in Inwood was $319,950 in November 2024, up 5.1% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $174.7K | - | N/A |
| 2 Bedrooms | $200K | $197K | -1.5% |
| 3 Bedrooms | $294.2K | $310K | +5.4% |
| 4 Bedrooms | $349.9K | $372.4K | +6.4% |
| 5+ Bedrooms | $411.2K | $413.4K | 0.5% |
Summary: Inwood housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.5%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes increased by 0.5%.
Median Sold Price Compared To Nearby Cities
| Kearneysville | $373K | $425K | +13.9% |
| Inwood | $304.5K | $319.9K | +5.1% |
| Shenandoah | $305K | $315.3K | +3.4% |
| Bunker Hill | $315K | $308.7K | -2.0% |
Housing Supply in Inwood, WV
How many homes are available in Inwood, WV?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 74 | 75 | +1.4% |
Summary: The Inwood real estate market had 75 homes for sale in November 2024, a 1.4% increase 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 | 4 | 4 | 0.0% |
| 3 Bedrooms | 42 | 44 | +4.8% |
| 4 Bedrooms | 23 | 23 | 0.0% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Inwood 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 increased by 4.8%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 19 | +35.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Inwood, expect to pay close to the asking price. 42.1% of homes here sold near the asking price last month.
Summary: A total of 19 homes were sold or pending in Inwood in November 2024, up by 35.7% month-over-month. Of the 19 sold homes, 32% were sold under asking, 42% were sold at asking, and 26% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 25 Days | 24 Days | -4.2% |
Summary: Homes in Inwood had an average of 24 days on market in Nov 2024, down by 4.2% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
5 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 November 2024, 19 homes were sold in Inwood; 74% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
