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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mathias is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Mathias, WV

How much do homes in Mathias, WV cost?

Median Sold Price

$255,000

$169/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$7,500(-2.9%)

Key Takeaway

Homes in Mathias have sold for 2.9% less than they did a year ago.

Summary: The median home sold price in Mathias was $255,000 in October 2024, down 2.9% from last year, and the median price per square foot was $169.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $150K-
N/A
2 $129K$150.2K
+16.5%
3 $255K$330K
+29.4%
4 $275K$346K
+25.8%
5+ $600K$195K
-67.5%

Summary: Mathias housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.5%, 3 bedroom homes increased by 29.4%, 4 bedroom homes increased by 25.8%, and 5+ bedroom homes decreased by 67.5%.

Median Sold Price Compared To Nearby Cities

Basye
+18.6%
Lost River
+10.4%
Mathias
-2.9%

Housing Supply in Mathias, WV

How many homes are available in Mathias, WV?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
990.0%

Summary: The Mathias real estate market had 9 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 45
+25.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Mathias 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 decreased by 33.3%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 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 Mathias, 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 Mathias in October 2024, up by 100.0% 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 Mathias, WV

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

Average Sale Time

Oct 2023Oct 2024CHANGE
13 Days206 Days+1488.5%

Summary: Homes in Mathias had an average of 206 days on market in Oct 2024, up by 1488.5% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Mathias has remained consistent over time.

Summary: During October 2024, 2 homes were sold in Mathias; 0% of homes were sold within 30 days, 50% 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 16 Days Ago

Newest Listings in Mathias, WV

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