Is Lost River, WV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lost River is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Lost River, WV

How much do homes in Lost River, WV cost?

Median Sold Price

$297,500

$209/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$20,000(+7.2%)

Key Takeaway

Homes in Lost River have sold for 7.2% more than they did a month ago.

Summary: The median home sold price in Lost River was $297,500 in November 2024, up 7.2% from last month, and the median price per square foot was $209.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $227.5K-
N/A
2 -$303.7K
N/A
3 $362K$265K
-26.8%
4 $230K-
N/A
5+ --
N/A

Summary: Lost River housing prices by bedroom type for November 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 decreased by 26.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Mathias
+29.3%
Lost River
+7.2%
Lost City
-11.5%

Housing Supply in Lost River, WV

How many homes are available in Lost River, WV?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
15150.0%

Summary: The Lost River real estate market had 15 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 32
-33.3%
2 34
+33.3%
3 67
+16.7%
4 32
-33.3%
5+ 00
0.0%

Summary: The Lost River housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
45+25.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lost River, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Lost River in November 2024, up by 25.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.

Days on Market for Lost River, WV

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

Average Sale Time

Oct 2024Nov 2024CHANGE
108 Days49 Days-54.4%

Summary: Homes in Lost River had an average of 49 days on market in Nov 2024, down by 54.4% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 5 homes were sold in Lost River; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% 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 17 Days Ago

Newest Listings in Lost River, WV

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