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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kenna is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Kenna, WV

How much do homes in Kenna, WV cost?

Median Sold Price

$288,000

$127/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$41,750(-12.7%)

Key Takeaway

Homes in Kenna have sold for 12.7% less than they did a year ago.

Summary: The median home sold price in Kenna was $288,000 in September 2024, down 12.7% from last year, and the median price per square foot was $127.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $183K-
N/A
3 $343.9K$209.8K
-39.0%
4 $329.5K$515K
+56.3%
5+ -$360K
N/A

Summary: Kenna 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 did not change, 3 bedroom homes decreased by 39%, 4 bedroom homes increased by 56.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Eastern
+2.3%
Kenna
-12.7%

Housing Supply in Kenna, WV

How many homes are available in Kenna, WV?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
64-33.3%

Summary: The Kenna real estate market had 4 homes for sale in September 2024, a 33.3% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 11
0.0%
3 20
-100.0%
4 33
0.0%
5+ 00
0.0%

Summary: The Kenna 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 remained the same, 3 bedroom homes decreased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kenna, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Kenna in September 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Kenna, WV

We’re sorry, we don't have information for this market at the moment

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 1 homes were sold in Kenna; 100% of homes were sold within 30 days, 0% 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 29 Days Ago

Newest Listings in Kenna, WV

Nearby Markets to Kenna, WV

What housing markets are near Kenna, WV?