$2,375 Closing Credit*
$200,000
2,088 SqFt
3 Beds
•2 Full Baths
Whitney A Simmons, Listing Office: Key MOVe Realty LLC
Is Lubeck, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Lubeck was a Seller's Market.
Key Takeaway
Lubeck is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Lubeck, WV
How much do homes in Lubeck, WV cost?
Median Sold Price
$235,000
$112/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$35,500(+17.8%)
Key Takeaway
Homes in Lubeck have sold for 17.8% more than they did a year ago.
Summary: The median home sold price in Lubeck was $235,000 in November 2024, up 17.8% from last year, and the median price per square foot was $112.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $90K | N/A |
| 2 Bedrooms | $109.5K | $115K | +5.0% |
| 3 Bedrooms | $181.4K | $209K | +15.2% |
| 4 Bedrooms | $305K | $305K | 0.0% |
| 5+ Bedrooms | $282.5K | $400K | +41.6% |
Summary: Lubeck 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 5%, 3 bedroom homes increased by 15.2%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 41.6%.
Median Sold Price Compared To Nearby Cities
| Lubeck | $199.5K | $235K | +17.8% |
| Belpre Township | $183K | $211.2K | +15.4% |
| Belpre | $180K | $202.5K | +12.5% |
| Tygart | $139K | $140K | +0.7% |
| Washington | $238.5K | $239.4K | 0.4% |
Housing Supply in Lubeck, WV
How many homes are available in Lubeck, WV?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 21 | -19.2% |
Summary: The Lubeck real estate market had 21 homes for sale in November 2024, a 19.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 16 | 12 | -25.0% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Lubeck 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 increased by 50%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 2 | -71.4% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lubeck, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Lubeck in November 2024, down by 71.4% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Lubeck, WV
How long does it take to sell a home in Lubeck, WV?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 56 Days | 38 Days | -32.7% |
Summary: Homes in Lubeck had an average of 38 days on market in Nov 2024, down by 32.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lubeck are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Lubeck; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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