Is Kanawha County, WV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kanawha County is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Kanawha County, WV

How much do homes in Kanawha County, WV cost?

Median Sold Price

$174,966

$109/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$15,835(+10.0%)

Key Takeaway

Homes in Kanawha County have sold for 10% more than they did a year ago.

Summary: The median home sold price in Kanawha County was $174,966 in November 2024, up 10% from last year, and the median price per square foot was $109.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $89K$109K
+22.5%
2 $110K$115K
+4.5%
3 $151.8K$169K
+11.3%
4 $239.6K$250K
+4.3%
5+ $365K$390K
+6.8%

Summary: Kanawha County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.5%, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 11.3%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 6.8%.

Median Sold Price Compared To Nearby Counties

Kanawha County
+10.0%
Putnam County
+9.7%

Housing Supply in Kanawha County, WV

How many homes are available in Kanawha County, WV?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
572503-12.1%

Summary: The Kanawha County real estate market had 503 homes for sale in November 2024, a 12.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 1413
-7.1%
2 9783
-14.4%
3 293261
-10.9%
4 124103
-16.9%
5+ 4443
-2.3%

Summary: The Kanawha County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 7.1%, 2 bedroom homes decreased by 14.4%, 3 bedroom homes decreased by 10.9%, 4 bedroom homes decreased by 16.9%, and 5+ bedroom homes decreased by 2.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
137104-24.1%

Asking Price vs. Sold Price

57 Homes Were Sold
Under Asking

26 Homes Were Sold
At Asking

21 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kanawha County, you may be able to get a good deal. 54.8% of homes here sold below asking price last month.

Summary: A total of 104 homes were sold or pending in Kanawha County in November 2024, down by 24.1% month-over-month. Of the 104 sold homes, 55% were sold under asking, 25% were sold at asking, and 20% were sold over asking.

Days on Market for Kanawha County, WV

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

Average Sale Time

Nov 2023Nov 2024CHANGE
28 Days29 Days+4.2%

Summary: Homes in Kanawha County had an average of 29 days on market in Nov 2024, up by 4.2% compared to last year.

Breakdown of Home Sale Times

76 Homes Were Sold
Under 30 Days

20 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 104 homes were sold in Kanawha County; 73% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 8% 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 20 Days Ago

Newest Listings in Kanawha County, WV

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