$3,799 Closing Credit*
$319,900
1,500 SqFt
3 Beds
•2 Full Baths
Laura Belle Brown, Listing Office: Fisher Mountain Realty, LLC
Is Milroy, 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, Milroy was a Seller's Market.
Key Takeaway
Milroy is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Milroy, WV
How much do homes in Milroy, WV cost?
Median Sold Price
$215,500
$136/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$17,500(-7.5%)
Key Takeaway
Homes in Milroy have sold for 7.5% less than they did a year ago.
Summary: The median home sold price in Milroy was $215,500 in November 2024, down 7.5% from last year, and the median price per square foot was $136.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $109.9K | N/A |
| 2 Bedrooms | $171.4K | $368.7K | +115.1% |
| 3 Bedrooms | $237.5K | $190K | -20.0% |
| 4 Bedrooms | $210K | $335K | +59.5% |
| 5+ Bedrooms | $320.7K | $235K | -26.7% |
Summary: Milroy 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 115.1%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 59.5%, and 5+ bedroom homes decreased by 26.7%.
Median Sold Price Compared To Nearby Cities
| Petersburg | $237.5K | $230K | -3.2% |
| Milroy | $233K | $215.5K | -7.5% |
Housing Supply in Milroy, WV
How many homes are available in Milroy, WV?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 12 | -7.7% |
Summary: The Milroy real estate market had 12 homes for sale in November 2024, a 7.7% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 9 | 9 | 0.0% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Milroy 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Milroy, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Milroy in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Milroy, WV
How long does it take to sell a home in Milroy, WV?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 10 Days | 117 Days | +1070.0% |
Summary: Homes in Milroy had an average of 117 days on market in Nov 2024, up by 1070% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Milroy are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 1 homes were sold in Milroy; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
