Is Kearneysville, WV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kearneysville is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Kearneysville was a Seller's Market.

Key Takeaway

Kearneysville is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Kearneysville, WV

How much do homes in Kearneysville, WV cost?

Median Sold Price

$425,000

$180/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$52,000(+13.9%)

Key Takeaway

Homes in Kearneysville have sold for 13.9% more than they did a year ago.

Summary: The median home sold price in Kearneysville was $425,000 in November 2024, up 13.9% from last year, and the median price per square foot was $180.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $289.5K$367.5K
+26.9%
3 $319.2K$340K
+6.5%
4 $415K$529.9K
+27.7%
5+ $484K$425K
-12.2%

Summary: Kearneysville 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 increased by 26.9%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 27.7%, and 5+ bedroom homes decreased by 12.2%.

Median Sold Price Compared To Nearby Cities

Middleway
+18.3%
Ranson
+15.0%
Kearneysville
+13.9%
Inwood
+5.1%
Shenandoah
+3.4%

Housing Supply in Kearneysville, WV

How many homes are available in Kearneysville, WV?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2927-6.9%

Summary: The Kearneysville real estate market had 27 homes for sale in November 2024, a 6.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 54
-20.0%
3 1010
0.0%
4 1110
-9.1%
5+ 33
0.0%

Summary: The Kearneysville 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 decreased by 20%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
74-42.9%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kearneysville, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Kearneysville in November 2024, down by 42.9% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.

Days on Market for Kearneysville, WV

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

Average Sale Time

Nov 2023Nov 2024CHANGE
29 Days25 Days-12.1%

Summary: Homes in Kearneysville had an average of 25 days on market in Nov 2024, down by 12.1% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 4 homes were sold in Kearneysville; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% 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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