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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Poca is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Poca, WV

How much do homes in Poca, WV cost?

Median Sold Price

$215,000

$114/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$24,000(+12.6%)

Key Takeaway

Homes in Poca have sold for 12.6% more than they did a year ago.

Summary: The median home sold price in Poca was $215,000 in October 2024, up 12.6% from last year, and the median price per square foot was $114.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $129.9K$92K
-29.2%
3 $162K$210K
+29.6%
4 $203.5K$270K
+32.7%
5+ $295K$228K
-22.7%

Summary: Poca 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 decreased by 29.2%, 3 bedroom homes increased by 29.6%, 4 bedroom homes increased by 32.7%, and 5+ bedroom homes decreased by 22.7%.

Median Sold Price Compared To Nearby Cities

Scott
+20.0%
Nitro
+18.6%
Poca
+12.6%
Pocatalico
+3.0%

Housing Supply in Poca, WV

How many homes are available in Poca, WV?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
87-12.5%

Summary: The Poca real estate market had 7 homes for sale in October 2024, a 12.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 12
+100.0%
3 53
-40.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Poca 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 40%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

3 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 Poca, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Poca in October 2024, up by 300.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Poca, WV

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

Average Sale Time

Oct 2023Oct 2024CHANGE
7 Days11 Days+46.7%

Summary: Homes in Poca had an average of 11 days on market in Oct 2024, up by 46.7% compared to last year.

Breakdown of Home Sale Times

4 Homes Were 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 Poca are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 4 homes were sold in Poca; 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 Poca, WV

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