$3,399 Closing Credit*
$286,200
2,522 SqFt
3 Beds
•2 Full Baths, 1 Partial
Aaron M Brailer, Listing Office: RealHome Services andSolutions
Is Putnam County, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Putnam County has remained a Seller's Market.
Key Takeaway
Putnam County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Putnam County, WV
How much do homes in Putnam County, WV cost?
Median Sold Price
$274,333
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$24,333(+9.7%)
Key Takeaway
Homes in Putnam County have sold for 9.7% more than they did a year ago.
Summary: The median home sold price in Putnam County was $274,333 in November 2024, up 9.7% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $131K | $169.5K | +29.4% |
| 2 Bedrooms | $169K | $174K | +3.0% |
| 3 Bedrooms | $227K | $236K | +4.0% |
| 4 Bedrooms | $329.9K | $364.9K | +10.6% |
| 5+ Bedrooms | $418K | $465K | +11.2% |
Summary: Putnam County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 29.4%, 2 bedroom homes increased by 3%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 10.6%, and 5+ bedroom homes increased by 11.2%.
Median Sold Price Compared To Nearby Counties
| Mason County | $137.7K | $167K | +21.2% |
| Kanawha County | $159.1K | $174.9K | +10.0% |
| Putnam County | $250K | $274.3K | +9.7% |
| Jackson County | $187K | $198.3K | +6.1% |
Housing Supply in Putnam County, WV
How many homes are available in Putnam County, WV?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 133 | 121 | -9.0% |
Summary: The Putnam County real estate market had 121 homes for sale in November 2024, a 9.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 10 | 8 | -20.0% |
| 3 Bedrooms | 61 | 54 | -11.5% |
| 4 Bedrooms | 40 | 37 | -7.5% |
| 5+ Bedrooms | 21 | 21 | 0.0% |
Summary: The Putnam County 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 decreased by 20%, 3 bedroom homes decreased by 11.5%, 4 bedroom homes decreased by 7.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 38 | 34 | -10.5% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Putnam County, you may be able to get a good deal. 41.2% of homes here sold below asking price last month.
Summary: A total of 34 homes were sold or pending in Putnam County in November 2024, down by 10.5% month-over-month. Of the 34 sold homes, 41% were sold under asking, 35% were sold at asking, and 24% were sold over asking.
Days on Market for Putnam County, WV
How long does it take to sell a home in Putnam County, WV?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 21 Days | 19 Days | -8.7% |
Summary: Homes in Putnam County had an average of 19 days on market in Nov 2024, down by 8.7% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Putnam County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 34 homes were sold in Putnam County; 79% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
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