Is New Haven, WV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing New Haven is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in New Haven, WV

How much do homes in New Haven, WV cost?

Median Sold Price

$110,000

$87/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$12,500(-10.2%)

Key Takeaway

Homes in New Haven have sold for 10.2% less than they did a year ago.

Summary: The median home sold price in New Haven was $110,000 in October 2024, down 10.2% from last year, and the median price per square foot was $87.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $45K$99K
+120.0%
3 $122.5K$123K
0.4%
4 $129.7K$94K
-27.6%
5+ $310K-
N/A

Summary: New Haven 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 120%, 3 bedroom homes increased by 0.4%, 4 bedroom homes decreased by 27.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Graham
-6.1%
New Haven
-10.2%
Letart
-12.4%

Housing Supply in New Haven, WV

How many homes are available in New Haven, WV?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
440.0%

Summary: The New Haven real estate market had 4 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 01
+100.0%
3 21
-50.0%
4 22
0.0%
5+ 00
0.0%

Summary: The New Haven 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 increased by 100%, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in New Haven, you could pay more than the asking price. 100% of homes here sold above asking price last month.

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

Days on Market for New Haven, WV

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

Average Sale Time

Oct 2023Oct 2024CHANGE
31 Days4 Days-87.1%

Summary: Homes in New Haven had an average of 4 days on market in Oct 2024, down by 87.1% compared to last year.

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 New Haven are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in New Haven; 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 14 Days Ago

Newest Listings in New Haven, WV

Nearby Markets to New Haven, WV