Is Mason County, WV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mason County is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Mason County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Mason County, WV

How much do homes in Mason County, WV cost?

Median Sold Price

$167,000

$112/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$29,250(+21.2%)

Key Takeaway

Homes in Mason County have sold for 21.2% more than they did a year ago.

Summary: The median home sold price in Mason County was $167,000 in November 2024, up 21.2% from last year, and the median price per square foot was $112.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $105K$66.5K
-36.7%
2 $89K$109K
+22.5%
3 $138.1K$157.5K
+14.0%
4 $149K$290K
+94.6%
5+ $201K$280K
+39.3%

Summary: Mason County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 36.7%, 2 bedroom homes increased by 22.5%, 3 bedroom homes increased by 14%, 4 bedroom homes increased by 94.6%, and 5+ bedroom homes increased by 39.3%.

Median Sold Price Compared To Nearby Counties

Mason County
+21.2%
Putnam County
+9.7%
Jackson County
+6.1%

Housing Supply in Mason County, WV

How many homes are available in Mason County, WV?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4245+7.1%

Summary: The Mason County real estate market had 45 homes for sale in November 2024, a 7.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 12
+100.0%
2 98
-11.1%
3 1721
+23.5%
4 1413
-7.1%
5+ 11
0.0%

Summary: The Mason County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes increased by 23.5%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
95-44.4%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mason County, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Mason County in November 2024, down by 44.4% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Mason County, WV

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

Average Sale Time

Nov 2023Nov 2024CHANGE
25 Days8 Days-66.0%

Summary: Homes in Mason County had an average of 8 days on market in Nov 2024, down by 66% compared to last year.

Breakdown of Home Sale Times

5 Homes Were 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 Mason County are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 5 homes were sold in Mason County; 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 2 Days Ago

Newest Listings in Mason County, WV

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