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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Leon is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Leon has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Leon, WV

How much do homes in Leon, WV cost?

Median Sold Price

$361,500

$221/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$156,500(+76.3%)

Key Takeaway

Homes in Leon have sold for 76.3% more than they did a month ago.

Summary: The median home sold price in Leon was $361,500 in October 2024, up 76.3% from last month, and the median price per square foot was $221.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$158K
N/A
3 $260K-
N/A
4 -$565K
N/A
5+ $205K-
N/A

Summary: Leon housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Leon, WV

How many homes are available in Leon, WV?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
52-60.0%

Summary: The Leon real estate market had 2 homes for sale in October 2024, a 60.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 20
-100.0%
4 11
0.0%
5+ 10
-100.0%

Summary: The Leon housing inventory by bedroom type for October 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 decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was 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 Leon, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Leon in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Leon, WV

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

Average Sale Time

Sep 2024Oct 2024CHANGE
57 Days71 Days+24.0%

Summary: Homes in Leon had an average of 71 days on market in Oct 2024, up by 24% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 2 homes were sold in Leon; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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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