Is Pendleton County, WV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pendleton County is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Pendleton County has remained a Buyer's Market.

Key Takeaway

Pendleton County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Pendleton County, WV

How much do homes in Pendleton County, WV cost?

Median Sold Price

$395,000

$205/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$97,000(+32.6%)

Key Takeaway

Homes in Pendleton County have sold for 32.6% more than they did a month ago.

Summary: The median home sold price in Pendleton County was $395,000 in November 2024, up 32.6% from last month, and the median price per square foot was $205.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $160K$395K
+146.9%
4 $342.7K-
N/A
5+ --
N/A

Summary: Pendleton County housing prices by bedroom type for November 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 increased by 146.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Pendleton County
+32.6%
Rockingham County
-21.3%

Housing Supply in Pendleton County, WV

How many homes are available in Pendleton County, WV?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2521-16.0%

Summary: The Pendleton County real estate market had 21 homes for sale in November 2024, a 16.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 56
+20.0%
2 43
-25.0%
3 76
-14.3%
4 85
-37.5%
5+ 11
0.0%

Summary: The Pendleton County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
31-66.7%

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 Pendleton County, 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 Pendleton County in November 2024, down by 66.7% month-over-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 Pendleton County, WV

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

Average Sale Time

Oct 2024Nov 2024CHANGE
115 Days50 Days-56.5%

Summary: Homes in Pendleton County had an average of 50 days on market in Nov 2024, down by 56.5% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Pendleton County has remained consistent over time.

Summary: During November 2024, 1 homes were sold in Pendleton County; 0% of homes were sold within 30 days, 100% 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 2 Days Ago

Newest Listings in Pendleton County, WV

Nearby Markets to Pendleton County, WV

What housing markets are near Pendleton County, WV?