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 October 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

$173,300

$108/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$18,300(+11.8%)

Key Takeaway

Homes in Kanawha County have sold for 11.8% more than they did a year ago.

Summary: The median home sold price in Kanawha County was $173,300 in October 2024, up 11.8% from last year, and the median price per square foot was $108.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $93K$104K
+11.8%
2 $107.5K$115.5K
+7.4%
3 $150K$167K
+11.4%
4 $235K$250K
+6.4%
5+ $369K$390K
+5.7%

Summary: Kanawha County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.8%, 2 bedroom homes increased by 7.4%, 3 bedroom homes increased by 11.4%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes increased by 5.7%.

Median Sold Price Compared To Nearby Counties

Boone County
+12.8%
Kanawha County
+11.8%
Putnam County
+8.0%

Housing Supply in Kanawha County, WV

How many homes are available in Kanawha County, WV?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
541565+4.4%

Summary: The Kanawha County real estate market had 565 homes for sale in October 2024, a 4.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1314
+7.7%
2 9595
0.0%
3 257286
+11.3%
4 130123
-5.4%
5+ 4647
+2.2%

Summary: The Kanawha County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7.7%, 2 bedroom homes remained the same, 3 bedroom homes increased by 11.3%, 4 bedroom homes decreased by 5.4%, and 5+ bedroom homes increased by 2.2%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
126130+3.2%

Asking Price vs. Sold Price

74 Homes Were Sold
Under Asking

21 Homes Were Sold
At Asking

35 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. 56.9% of homes here sold below asking price last month.

Summary: A total of 130 homes were sold or pending in Kanawha County in October 2024, up by 3.2% month-over-month. Of the 130 sold homes, 57% were sold under asking, 16% were sold at asking, and 27% 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

Oct 2023Oct 2024CHANGE
28 Days33 Days+15.5%

Summary: Homes in Kanawha County had an average of 33 days on market in Oct 2024, up by 15.5% compared to last year.

Breakdown of Home Sale Times

90 Homes Were Sold
Under 30 Days

27 Homes Were Sold
In 30 - 90 Days

13 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 October 2024, 130 homes were sold in Kanawha County; 69% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 10% 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

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