$2,363 Closing Credit*
$199,000
1,141 SqFt
2 Beds
•1 Full Bath
Allison R Candelas, Listing Office: Charis Realty Group
Is Mineral County, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Mineral County has remained a Seller's Market.
Key Takeaway
Mineral County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mineral County, WV
How much do homes in Mineral County, WV cost?
Median Sold Price
$187,100
$121/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$2,100(+1.1%)
Key Takeaway
Homes in Mineral County have sold for 1.1% more than they did a year ago.
Summary: The median home sold price in Mineral County was $187,100 in November 2024, up 1.1% from last year, and the median price per square foot was $121.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $189.9K | $114K | -40.0% |
| 2 Bedrooms | $128.7K | $135K | +4.9% |
| 3 Bedrooms | $187.7K | $187K | -0.4% |
| 4 Bedrooms | $222.5K | $286.7K | +28.9% |
| 5+ Bedrooms | $340K | $360K | +5.9% |
Summary: Mineral County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 40%, 2 bedroom homes increased by 4.9%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes increased by 28.9%, and 5+ bedroom homes increased by 5.9%.
Median Sold Price Compared To Nearby Counties
| Allegany County | $131.3K | $149.6K | +13.9% |
| Hampshire County | $230K | $249.9K | +8.7% |
| Garrett County | $432K | $450K | +4.1% |
| Mineral County | $185K | $187.1K | +1.1% |
Housing Supply in Mineral County, WV
How many homes are available in Mineral County, WV?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 67 | 64 | -4.5% |
Summary: The Mineral County real estate market had 64 homes for sale in November 2024, a 4.5% 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 | 9 | 6 | -33.3% |
| 3 Bedrooms | 35 | 32 | -8.6% |
| 4 Bedrooms | 20 | 21 | +5.0% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Mineral County 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 decreased by 33.3%, 3 bedroom homes decreased by 8.6%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 16 | 0.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mineral County, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Mineral County in November 2024, the same as the previous month. Of the 16 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Mineral County, WV
How long does it take to sell a home in Mineral County, WV?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 23 Days | 41 Days | +74.1% |
Summary: Homes in Mineral County had an average of 41 days on market in Nov 2024, up by 74.1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Mineral County has remained consistent over time.
Summary: During November 2024, 16 homes were sold in Mineral County; 44% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
