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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pocatalico is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Pocatalico, WV

How much do homes in Pocatalico, WV cost?

Median Sold Price

$189,450

$106/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$5,450(+3.0%)

Key Takeaway

Homes in Pocatalico have sold for 3% more than they did a year ago.

Summary: The median home sold price in Pocatalico was $189,450 in October 2024, up 3% from last year, and the median price per square foot was $106.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $117.5K$98.5K
-16.2%
3 $168.9K$191K
+13.1%
4 $203.5K$270K
+32.7%
5+ $315K$201K
-36.2%

Summary: Pocatalico 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 16.2%, 3 bedroom homes increased by 13.1%, 4 bedroom homes increased by 32.7%, and 5+ bedroom homes decreased by 36.2%.

Median Sold Price Compared To Nearby Cities

Poca
+12.6%
Pocatalico
+3.0%

Housing Supply in Pocatalico, WV

How many homes are available in Pocatalico, WV?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1815-16.7%

Summary: The Pocatalico real estate market had 15 homes for sale in October 2024, a 16.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 13
+200.0%
3 128
-33.3%
4 21
-50.0%
5+ 22
0.0%

Summary: The Pocatalico 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 200%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
56+20.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pocatalico, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Pocatalico in October 2024, up by 20.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.

Days on Market for Pocatalico, WV

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

Average Sale Time

Oct 2023Oct 2024CHANGE
17 Days10 Days-42.7%

Summary: Homes in Pocatalico had an average of 10 days on market in Oct 2024, down by 42.7% compared to last year.

Breakdown of Home Sale Times

6 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 Pocatalico are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 6 homes were sold in Pocatalico; 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 14 Days Ago

Newest Listings in Pocatalico, WV

Nearby Markets to Pocatalico, WV

What housing markets are near Pocatalico, WV?