$4,096 Closing Credit*
$344,900
1,790 SqFt
3 Beds
•3 Full Baths
Jennifer D Largent, Listing Office: Compass West 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 September 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
$319,470
$184/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$14,470(+4.7%)
Key Takeaway
Homes in Inwood have sold for 4.7% more than they did a year ago.
Summary: The median home sold price in Inwood was $319,470 in September 2024, up 4.7% from last year, and the median price per square foot was $184.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $174.7K | - | N/A |
| 2 Bedrooms | $185K | $207.5K | +12.2% |
| 3 Bedrooms | $295K | $307.6K | +4.3% |
| 4 Bedrooms | $350.9K | $360.5K | +2.7% |
| 5+ Bedrooms | $407.7K | $411.6K | +1.0% |
Summary: Inwood housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.2%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 1%.
Median Sold Price Compared To Nearby Cities
| Gerrardstown | $270K | $390K | +44.4% |
| Kearneysville | $370K | $400K | +8.1% |
| Inwood | $305K | $319.4K | +4.7% |
| 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
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 72 | 69 | -4.2% |
Summary: The Inwood real estate market had 69 homes for sale in September 2024, a 4.2% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 5 | +150.0% |
| 3 Bedrooms | 43 | 39 | -9.3% |
| 4 Bedrooms | 22 | 20 | -9.1% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Inwood housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 150%, 3 bedroom homes decreased by 9.3%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 20 | 15 | -25.0% |
Asking Price vs. Sold Price
2 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. 53.3% of homes here sold near the asking price last month.
Summary: A total of 15 homes were sold or pending in Inwood in September 2024, down by 25.0% month-over-month. Of the 15 sold homes, 13% were sold under asking, 53% were sold at asking, and 33% 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
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 7 Days | 37 Days | +380.1% |
Summary: Homes in Inwood had an average of 37 days on market in Sep 2024, up by 380.1% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Inwood are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 15 homes were sold in Inwood; 80% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
