Is Mount Storm, WV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mount Storm is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Mount Storm has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Mount Storm, WV

How much do homes in Mount Storm, WV cost?

Median Sold Price

$114,900

$44/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$19,000(-14.2%)

Key Takeaway

Homes in Mount Storm have sold for 14.2% less than they did a month ago.

Summary: The median home sold price in Mount Storm was $114,900 in December 2024, down 14.2% from last month, and the median price per square foot was $44.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 $133.9K$114.9K
-14.2%
4 --
N/A
5+ --
N/A

Summary: Mount Storm housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 14.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Mount Storm
-14.2%
Union
-24.1%

Housing Supply in Mount Storm, WV

How many homes are available in Mount Storm, WV?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
550.0%

Summary: The Mount Storm real estate market had 5 homes for sale in December 2024, the same as November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 11
0.0%
3 44
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Mount Storm housing inventory by bedroom type for December 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 remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mount Storm, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Mount Storm in December 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Mount Storm, WV

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

Average Sale Time

Nov 2024Dec 2024CHANGE
24 Days6 Days-75.0%

Summary: Homes in Mount Storm had an average of 6 days on market in Dec 2024, down by 75% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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 Mount Storm are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 1 homes were sold in Mount Storm; 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 8 Days Ago

Newest Listings in Mount Storm, WV

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