Is Point Pleasant, WV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Point Pleasant is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Point Pleasant was a Seller's Market.

Key Takeaway

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

Housing Prices in Point Pleasant, WV

How much do homes in Point Pleasant, WV cost?

Median Sold Price

$165,000

$114/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$28,750(+21.1%)

Key Takeaway

Homes in Point Pleasant have sold for 21.1% more than they did a year ago.

Summary: The median home sold price in Point Pleasant was $165,000 in November 2024, up 21.1% from last year, and the median price per square foot was $114.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $30K$100K
+233.3%
2 $79K$85K
+7.6%
3 $139K$165K
+18.7%
4 $156.2K$282K
+80.5%
5+ $201K$270K
+34.3%

Summary: Point Pleasant housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 233.3%, 2 bedroom homes increased by 7.6%, 3 bedroom homes increased by 18.7%, 4 bedroom homes increased by 80.5%, and 5+ bedroom homes increased by 34.3%.

Median Sold Price Compared To Nearby Cities

Point Pleasant
+21.1%
Lewis
+14.3%

Housing Supply in Point Pleasant, WV

How many homes are available in Point Pleasant, WV?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1922+15.8%

Summary: The Point Pleasant real estate market had 22 homes for sale in November 2024, a 15.8% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 56
+20.0%
3 79
+28.6%
4 66
0.0%
5+ 00
0.0%

Summary: The Point Pleasant housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

3 Homes Were 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 Point Pleasant, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Point Pleasant in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Point Pleasant, WV

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

Average Sale Time

Nov 2023Nov 2024CHANGE
26 Days8 Days-67.4%

Summary: Homes in Point Pleasant had an average of 8 days on market in Nov 2024, down by 67.4% compared to last year.

Breakdown of Home Sale Times

3 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 Point Pleasant are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in Point Pleasant; 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 2 Days Ago

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