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 4 Days Ago

Newest Listings in Poca, WV

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