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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Northeast is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Northeast, WV

How much do homes in Northeast, WV cost?

Median Sold Price

$185,500

-

Based on all homes sold in October 2024.

Difference Since Last Month

-$22,000(-10.6%)

Key Takeaway

Homes in Northeast have sold for 10.6% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 -$185.5K
N/A
4 --
N/A
5+ $207.5K-
N/A

Summary: Northeast housing prices by bedroom type for October 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Northeast, WV

How many homes are available in Northeast, WV?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
32-33.3%

Summary: The Northeast real estate market had 2 homes for sale in October 2024, a 33.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 22
0.0%
4 00
0.0%
5+ 10
-100.0%

Summary: The Northeast 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was 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 Northeast, 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 Northeast in October 2024, the same as the previous 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 Northeast, WV

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

Average Sale Time

Sep 2024Oct 2024CHANGE
52 Days22 Days-57.7%

Summary: Homes in Northeast had an average of 22 days on market in Oct 2024, down by 57.7% 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 Northeast are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in Northeast; 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 21 Days Ago

Newest Listings in Northeast, WV

Nearby Markets to Northeast, WV

What housing markets are near Northeast, WV?