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 4 Days Ago

Newest Listings in Northeast, WV

Nearby Markets to Northeast, WV

What housing markets are near Northeast, WV?